http://www.nbpa.com/downloads/CBA.pdf
(3) If the player is an Early Qualifying Veteran Free Agent, the new Player Contract must cover at least two
Seasons (not including a Season covered by an Option Year) and, subject to Article II, Section 7, may provide in
the first Season up to the greater of: (i) 175% of the Regular Salary for the final Season covered by his prior
Contract, plus 175% of any Likely Bonuses and Unlikely Bonuses, respectively, called for in the final Season
covered by the player’s prior Contract, or (ii) 108% of the Average Player Salary for the prior Season (or if the
prior Season’s Average Player Salary has not been determined, 108% of the Estimated Average Player Salary for
the prior Season). Annual increases and decreases in Salary and Unlikely Bonuses shall be governed by Section
5(c)(2) above.
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(q) “Early Qualifying Veteran Free Agent” means a Veteran Free Agent who, prior to becoming a Veteran
Free Agent, played under one or more Player Contracts covering some or all of each of the two preceding
Seasons, and who: (i) either exclusively played with his Prior Team during such two Seasons, or, if he played for
more than one Team during such period, changed Teams only (x) by means of assignment, or (y) by signing with
his Prior Team during the first of the two Seasons; or (ii) became a Veteran Free Agent on July 1, 1998 and
played with his Prior Team for some or all of each of the preceding two Seasons, and who did not change Teams
during such two Seasons by signing with his Prior Team as a Veteran Free Agent.