True or False: A team retains the draft rights of a player who is playing basketball outside of the NBA, and their salary does not count against the team's salary cap.

The correct statement indicates that a team does indeed retain the draft rights of a player who is playing basketball outside of the NBA. This means that even if a player is signed to a team in a foreign league or otherwise is not currently playing in the NBA, the team that drafted them still maintains the rights to negotiate with that player when they eventually choose to return to the NBA.

In this scenario, since the player is not part of an NBA roster, their salary does not count against the team’s salary cap. The salary cap is a mechanism in the NBA that limits the total salary a team can pay its players, and players who are not in the league or are under contract with non-NBA teams do not affect this limit.

This context is crucial for understanding player rights and salary cap implications within the league, and it highlights how NBA teams can maintain potential assets in their favor even when players pursue opportunities elsewhere. This retention of rights and the absence of salary cap impact emphasizes the strategic nature of team management and player assessments in relation to contracts and draft picks.