Term
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Definition
| limit on the amount teams can spend on player contracts |
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Term
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Definition
| type of salary cap that can be exceeded in certain circumstances to allow teams to retain their own players |
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Term
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Definition
| type of salary cap that can not be exceeded for any reason |
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Term
| Collective Bargaining Agreement |
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Definition
| legal contract between the league and players association that sets up the rules by which the league operates |
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Term
What is included in the CBA? |
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Definition
1. Salary Cap information
2. Minimum and Maximum Salaries
3. Draft procedures
4. Rules for trades |
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Term
| Basketball Related Income (BRI) |
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Definition
Includes any income related to basketball operations received by the NBA or its subsidiaries.
(Also includes income from businesses in which the league or team has an ownership stake of at least 50%) |
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