What happens to players if they are waived and fall outside of the standard payment schedule?

Study for the NBA Agent Exam. Prepare with flashcards and multiple choice questions, each with hints and explanations. Get ready for your exam!

When a player is waived and falls outside of the standard payment schedule, the key aspect to consider is the terms of their contract. Being waived means that the player's contract has been terminated, but they may still be entitled to receive compensation depending on the specific stipulations laid out in their contract. This can include salary that is owed based on the remaining terms, potential buyouts, or any agreed-upon severance pay. Thus, the correct response highlights that players in this situation might receive other compensation reflecting the uniqueness of their contract and the circumstances of the waiver.

The concept of falling outside of the standard payment schedule means that traditional timing for salary payments may not apply, potentially leading to different arrangements based on negotiated terms. Players do not automatically qualify for standard league minimums in this specific circumstance, nor do they immediately become free agents or have the formal ability to appeal their waiver status. The focus here is on the contractual obligations and potential compensation that can result from the waiver process, making the correct answer about compensation based on contract terms.

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