What term describes the action that is not permitted once a team makes a required tender to a player?

The term that describes the action that is not permitted once a team makes a required tender to a player is renunciation. This refers to a player's ability to officially reject or decline the offer made by the team after a tender has been issued. When a tender is offered, it establishes the framework for contract negotiations, and renouncing the tender means that the player chooses not to accept the terms and thereby forgoes the offer, leading to specific consequences under the collective bargaining agreement.

This concept is important in understanding the dynamics of player-team relationships and contractual obligations in the NBA. When a player renounces a tender, they lose certain rights, such as the right to have their prior contract continue under the tender offer, which can significantly impact their future with the franchise. Hence, renunciation is a key term because it directly relates to the procedures and regulations governing player contracts following a team's tender action.