True or False: Players waived between September 1 and June 30 cannot have their initial year payment stretched.

The statement is true. Players who are waived between September 1 and June 30 are considered to be in a designated time frame where the rules regarding salary cap implications become specific. According to the NBA's Collective Bargaining Agreement, when a player is waived in this period, their initial year payment cannot be stretched. This is because the league has set parameters to prevent teams from circumventing salary cap rules by stretching payments of waived players during that window. By adhering to this stipulation, the integrity of salary cap management is maintained, ensuring that teams cannot artificially manipulate their financial obligations in a manner that could impact competitive balance.

In contrast, players waived outside of this designated period may be subject to different rules regarding the stretching of payments. This nuanced understanding of the regulations is crucial for agents when advising their clients and managing contract negotiations effectively.