Free Agents. Subject to subsection (a)(2)(ii) above, until a Team’s Veteran Free Agent re-signs with his Team, signs with another NBA Team, or is renounced, he will be included in his prior Team’s Team Salary at one of the following amounts (“Free Agent Amounts”): (1) (i) A Qualifying Veteran Free Agent, other than a Qualifying Veteran Free Agent following the last Season of his Rookie Scale Contract, will be included at 150% of his prior Salary if it was equal to or greater than the Estimated Average Player Salary, and 200% of his prior Salary if it was less than the Estimated Average Player Salary.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement