Where can the initial year payment schedule and subsequent year payment schedule for players waived from September 1st to June 30th typically be found?

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

The correct answer highlights that the initial year payment schedule and the subsequent year payment schedule for players who have been waived between September 1st and June 30th is typically detailed in the player's contract under a specific section. This is referred to as "Paragraph 3 unless otherwise specified." This provision in the player's contract encompasses the key financial terms, including how payments are structured, timing, and any special conditions that may apply.

In the context of NBA contracts, clear identification of payment schedules is essential for both the players and the teams, as it governs the financial responsibilities of the team following a waiver. Such details help in understanding how waivers impact a player's salary and the team's salary cap.

While other options may seem plausible, they do not provide the specific contractual backing that Paragraph 3 does. The league database and the team’s official documents may contain relevant information, but they would not typically encapsulate the precise contractual payment terms found within the player's contract. Therefore, looking directly at the player's contract is the most reliable method for finding these financial details.

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