ARTICLE VII:
BASKETBALL RELATED INCOME, SALARY CAP, MINIMUM TEAM
SALARY, AND ESCROW ARRANGEMENT
INDEX
Section 1. Definitions
Section 2. Calculation
of Salary Cap and Minimum Team Salary
Section 3. Determination
of Salary
Section 4. Determination
of Team Salary
Section 5. Operation
of Salary Cap
Section 6. Exceptions
to the Salary Cap
Section 7. Extensions,
Renegotiations and Other Amendments
Section 8. Trade Rules
Section 9. Miscellaneous
Section 10. Accounting
Procedures
Section 11. Players
Association Audit Rights
Section 12. Escrow and
Tax Arrangement
Section
9. Miscellaneous.
(a) Except where this Agreement states otherwise, for
purposes of any rule in this Agreement that limits,
involves counting, or otherwise relates to, the number
of Seasons covered by a Contract:
(1) If a Player Contract is signed after the beginning
of a Season, the Season in which the Contract is signed
shall be counted as one (1) full Season covered by
the Contract.
(2) An Option Year shall be counted as one (1) Season
covered by the Contract.
(b) Except where this Agreement states otherwise, all
of the rules in this Agreement that limit, affect the
calculation of, or otherwise relate to, the Compensation
or Salary provided for in a Player Contract shall apply
to Option Years.
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