13.07.2015 Views

Previous NBA-NBPA Collective Bargaining Agreement

Previous NBA-NBPA Collective Bargaining Agreement

Previous NBA-NBPA Collective Bargaining Agreement

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

(i)for any player who has completed fewer than seven (7) Years of Service,the greater of (x) 25% of the Salary Cap in effect on the day following thelast day of the Moratorium Period, (y) 105% of the Salary provided for inthe final Season of the original term of the Contract, or (z) $9 million;(ii)for any player who has completed at least seven (7) but fewer than ten (10)Years of Service, the greater of (x) 30% of the Salary Cap in effect on theday following the last day of the Moratorium Period, (y) 105% of theSalary provided for in the final Season of the original term of the Contract,or (z) $11 million; or(iii)for any player who has completed ten (10) or more Years of Service, thegreater of (x) 35% of the Salary Cap in effect on the day following the lastday of the Moratorium Period, (y) 105% of the Salary provided for in thefinal Season of the original term of the Contract, or (z) $14 million;then such Salary plus Unlikely Bonuses shall immediately be deemed amended to provide for themaximum amount allowed by the applicable subsection (c)(i), (c)(ii), or (c)(iii) set forth above.In such circumstance, Salaries plus Unlikely Bonuses in subsequent Seasons of the extendedterm shall also immediately be deemed amended to provide for increases or decreases over theamended Salary plus Unlikely Bonuses in the first Season of the extended term in accordancewith Article VII, Section 5(c).(d)A player and a Team may provide in a Rookie Scale Extension that the player’sSalary (in the first Season of the extended term) will equal “the Maximum Annual Salary35

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!