ANSWERS 2026 FULL SOLUTION
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●● A non-simultaneous trade must be completed:
A. Within one year
B. Within 30 days
C. Within the current salary cap year
D. With the same team
Module #6.3: Trades Part 2.
Answer: A. Within one year
A non-simultaneous trade must complete within one year
●● A player becomes a Restricted Free Agent only when his team:
A. Submits an Offer Sheet
B. Submits a Required Tender
C. Waives the player
,D. Submits a Qualifying Offer
Module #2.2: Player Contract Lifecycles.
Answer: D. Submits a Qualifying Offer
●● A player is finishing the last year of a three-year contract in which
his salary is $10M. What is the highest possible starting salary in a
veteran extension?
A. The player's maximum salary
B. $17.5M
C. $12.5M
D. $12M
Module #7.1: Extensions and Renegotiations.
Answer: D. $12M
A veteran extension can have a raise of up to 20% in the first season
●● A salary cap year runs from _____ to ______.
A. The day before the start of the regular season, the day following the
draft
B. July 1st, June 30th
,C. January 1st, December 31st
D. The day after the July Moratorium, the day following the NBA Finals
Module #3.1: Salary Cap Year.
Answer: B. July 1st, June 30th
●● A team cannot choose to stretch a waived player's cap hit if:
A. It is over the luxury tax threshold
B. It is over the Apron
C. More than 15% of any future season's cap is stretched salary
D. More than 15% of the current season's cap is stretched in any future
season
Module #7.4: Waivers.
Answer: D. More than 15% of the current season's cap is stretched in
any future season
A team cannot choose to stretch a waived player's cap hit if more than
15% of the current season's cap is stretched in any future season
●● A team cannot claim a waived player using:
, A. The Waiver Exception
B. The Minimum Player Salary Exception (if the waived player was a
minimum salary player)
C. A Trade Exception from a previous non-simultaneous trade
D. The Disabled Player Exception
Module #7.4: Waivers.
Answer: A. The Waiver Exception
There is no such thing as a Waiver Exception
●● A team does not have Full Bird rights when:
A. The last contract was a one-year contract
B. The last contract was a 10-day contract
C. The last contract was a rest-of-season contract
D. The team renounced the player a year ago, then re-sign him with cap
room
Module #6.1: Exceptions.
Answer: B. The last contract was a 10-day contract