NFL Agent Exam Questions with 100% Correct Answers 2024., Exams of Community Corrections

Download NFL Agent Exam Questions with 100% Correct Answers 2024. and more Exams Community Corrections in PDF only on Docsity! NFL Agent Exam Questions with 100% Correct Answers 2024.  NFL Player Contract - Correct answer A written agreement or series of such agreements executed at or about the same time between a person and an NFL Club pursuant to which such person is employed by such Club as a professional football player.  Collective Bargaining Agreement (CBA) - Correct answer The union contract between the NFL Players Association and the NFL Management Council covering the terms and conditions of employment of all NFL players.  Draft or College Draft - Correct answer The NFL's annual draft of Rookie football players described in CBA Article 6 (College Draft).  Drafted Rookie - Correct answer A person who is selected in the current League Year's Draft or whose Draft rights are held, or continue to be held, consistent with this Agreement, by an NFL Club that selected the Rookie in a prior Draft.  Required Tender - Correct answer A Player Contract tender that a Club is required to make to a player pursuant to the CBA, either as a matter of right with respect to the player, or to receive Rights of First Refusal, Draft Choice Compensation and/or other rights with respect to the player, as specified in the CBA.  Right of First Refusal - Correct answer The right of an NFL Club, as described in CBA Articles 9 (Veteran Free Agency) and 10 (Franchise and P a g e 1 | 24 Transition Players) to retain the services of certain Veteran players by matching offers made to those players.  Draft Choice Compensation - Correct answer The right of any Club, as described in CBA Articles 9 (Veteran Free Agency) and Article 10 (Franchise and Transition Players) to receive draft pick(s) from any other Club.  Exclusive Rights Player - Correct answer A player whose contract expires at a time when he has less than three Accrued Seasons in the NFL cannot market his services to other clubs if his old club gives him a minimum salary tender, as described in CBA Article 8, on or before the last day of that League Year. If the tender is provided, this player can only re-sign with his old club (unless the tender is later withdrawn).  restricted free agent - Correct answer A player whose contract expires when he has earned three (3) Accrued Seasons. If his old club provides him with a sufficient "Qualifying Offer", as described in CBA Article 9, on or before the last day of that League Year, it retains the right to either match an offer the player may get from another club or to receive draft choice compensation from the club making the offer. The Qualifying Offer is based on the level of draft choices the old club wants to receive. For example, the Qualifying Offer to a player with three (3) Accrued Seasons in 2021 for the Club to receive a second-round draft choice and the Right of First Refusal in 2021 is $3,384,000. For the 2021 League Year, the Restricted Free Agent has until April 23, 2021 to generate an offer from another club. If he fails to get an offer, his exclusive rights revert to the old club unless the Qualifying Offer is withdrawn.  Unrestricted Free Agent - Correct answer As described in CBA Article 9, a player whose contract expires when he has earned at least four (4) P a g e 2 | 24  Salary Cap - Correct answer The absolute maximum amount of Salary that each Club may pay or be obligated to pay or provide to its players at any time during a particular League Year, in accordance with the rules set forth in CBA Article 13 (Salary Cap Accounting Rules).  All Revenues or "AR" - Correct answer All of the League and Team Revenues that are included within the definition of All Revenues, as set forth in CBA Article 12.  Team Salary - Correct answer The Team's aggregate Salary for Salary Cap purposes, as calculated in accordance with the rules set forth in CBA Article 13 (Salary Cap Accounting Rules).  Room - Correct answer The extent to which a Team's then-current Team Salary is less than the Salary Cap (as described in CBA Article 13) and/or the extent to which a Team's Rookie Salary is less than the Year-One Rookie Allocation (as described in CBA Article 7).  Prorated Signing Bonuses - Correct answer The manner in which a player's signing bonus is prorated over the years covered by the contract for salary cap purposes, as set forth in CBA Article 13 (Salary Cap Accounting Rules) Section 6(b)(i). The maximum number of years to prorate a signing bonus is five (5).  Likely to be Earned (LTBE) Bonuses - Correct answer Incentive bonuses included in Team Salary for Salary Cap purposes based on the player's and/or team's performance during the prior year, as set forth in CBA Article 13 Section 6(c) and accompanying charts. P a g e 5 | 24  Not Likely to be Earned (NLTBE) Bonuses - Correct answer Incentive bonuses not included in Team Salary for Salary Cap purposes based on the player's and/or team's performance during the prior year, as set forth in CBA Article 13 Section 6(c) and accompanying charts.  Voidable Contract - Correct answer Any contract year that a veteran player has the right to terminate based upon a contingency shall count as a contract year for purposes of proration until the contingency is fulfilled, at which time any amounts attributed to such year shall be accelerated and included immediately in Team Salary. Any contract year that a veteran player has the right to terminate in his sole control will not count as a contract year for purposes of proration. To the extent that such acceleration puts the Team over its Salary Cap, the difference shall be deducted from its Salary Cap for the following year (CBA Article 13, Section 6(b)(ii)(4)).  30% Rule (Veterans only) - Correct answer No NFL Player Contract extending into a season beyond the Final League Year may provide for an annual increase in Salary, excluding any amount attributable to a signing bonus (except option bonus proration) as defined in CBA Article 13, Section 7 of more than 30% of the Salary provided for in the Final Capped Year, per year, either in the season after the Final League Year or in any subsequent season covered by the Player Contract.  25% Rule for Rookies - Correct answer No Rookie Contract may provide for an annual increase of more than 25% of the player's Year-One Rookie Salary unless such contract provides only for Paragraph 5 Salary equal to the then-applicable Minimum Active/Inactive Salary for each League Year of the Contract. For example, if a player drafted in the fourth round signs a four-year contract with a $400,000 signing bonus, a $660,000 Paragraph 5 salary, and no performance incentives in his first season, the player's Year-One Rookie Salary will equal $760,000, i.e., the prorated portion of P a g e 6 | 24 his signing bonus ($100,000) plus his Paragraph 5 Salary ($660,000). Accordingly, the player's maximum annual increase in Rookie Salary may not exceed $190,000 ($760,000 x 25%).  Rookie Salary - Correct answer For a Drafted Rookie means the highest amount of earnable compensation for which such player and Club have contracted in each year of his Rookie Contract regardless of whether any or all amounts are earned or considered "likely to be earned" as set forth in Article 13, excluding only (A) the Fifth-Year Option Paragraph 5 Salary described in Article 7, Section 7 of the CBA, (B) the amount by which the player's Paragraph 5 Salary may increase pursuant to the Proven Performance Escalator as described in Section 4, (C) minimum offseason workout per diem as set forth in Article 21, and (D) compensation for community relations/sponsor appearances (subject to the maximum amounts permitted in Article 7, Section 3(b)(iv)). For an Undrafted Rookie means the highest amount of earnable compensation for which such player and Club have contracted in each year of his Rookie Contract that exceeds the then-applicable Minimum Active/Inactive Salary for each League Year of the contract regardless of whether any or all amounts are earned or considered "likely to be earned" as set forth in Article 13, excluding only (A) minimum offseason workout per diem, and (B) compensation for community relations/sponsor appearances (subject to the maximum amounts permitted in Article 7, Section 3(b)(iv)).  Year-One Rookie Salary - Correct answer For a Drafted Rookie means the highest amount of earnable compensation for which such player and Club have contracted in the first year of his Rookie Contract regardless of whether any or all amounts are earned or considered "likely to be earned" as set forth in Article 13, excluding only (A) minimum offseason workout per diem, and (B) compensation for community relations/sponsor appearances (subject to the maximum amounts permitted in Article 7, Section 3(b)(iv)). For an Undrafted Rookie means the highest amount of earnable compensation for which such player and P a g e 7 | 24  Notice to NFLPA about Charges - Correct answer Contract advisors must notify the NFLPA of any criminal offense (not including minor traffic violations) or civil charges in which allegations of fraud, misrepresentation, embezzlement, misappropriation of funds, conversion, breach of fiduciary duty, forgery, professional negligence, or legal malpractice were made, within ten (10) business days of such charge. (See Section 3(A)(21))  Email Communication - Correct answer Email has been added as an acceptable mode of communication for notice throughout the Regulations.  Electronic Filing - Correct answer All SRAs submitted under the Amended Regulations must be filed electronically with the NFLPA. (See Appendix D, Paragraph 11) The NFLPA is currently working to finalize this new electronic submission process and will inform you of the requirements and guidelines associated therewith in the near future. Until you receive further notification from us on this process, please continue to use the existing SRA and submit to the NFLPA in accordance with past practice.  Reserve/Injured List - Correct answer A Player who suffers an injury while performing services pursuant to his NFL Player contract after passing the Club's preseason physical examination may be placed on the Club's Reserve/Injured List if the injury renders him physically unable to play football.  Reserve/Injured List Salary - Correct answer A Player will continue to receive his negotiated salary while on Reserved/Injured. P a g e 10 | 24  Reserve/Injured List Permissible Activity - Correct answer Players who are placed on Reserve/Injured may participate in the following activities: (a) rehabilitate with the Club's medical staff; (b) attend team meetings; (c) observe team practice sessions; (d) attend games.  Reserve/Injured List Prohibited Activity - Correct answer Players who are placed on Reserve/Injured are prohibited from the following: (a) playing or practicing with Club for the remainder of the season or postseason; (b) dressing in game uniform; (c) participating in game-day warm-ups; (d) representing their teams in pre-game ceremonies, however a team captain on Reserve/Injured may participate in the coin toss  Designated For Return - Correct answer During each season, a team will be permitted to return two players from either the Reserve/Injured or Reserve/Non-Football Injury/Illness lists to the 53-man Active/Inactive List. Any such player must have suffered a major football-related injury or non-football related injury or illness (defined as an injury or illness that renders the player physically unable to practice or play football for a period of at least six (6) weeks from the date of injury or illness) after reporting to training camp and must have been placed on the applicable reserve list after 4 pm (New York time) on the day after the final roster reduction. After a Club has designated two players for return from an applicable reserve list, no other players may be designated to return  Designated For Return ineligible - Correct answer A player is ineligible to practice until six (6) weeks have elapsed since the date he was placed on Reserve, and is not eligible to return to the Active/Inactive List until eight (8) games have elapsed since the date he was placed on Reserve. The business day (prior to 4:00 pm, New York time) that a player is placed on Reserve counts as the first day. If player is not returned to the Active/Inactive List prior to 4 pm (New York time) on the day after the P a g e 11 | 24 conclusion of the 21-day practice period, he is not eligible to practice or play for that Club for the remainder of the regular or post season.  Designated For Return eligible - Correct answer At any time after the conclusion of the sixth (6th) week that a player has been on Reserve a Club is permitted to return the player to practice for a period not to exceed 21 days. Provided the player has been on Reserve for at least eight (8) games from the date he was placed on Reserve, a Club is permitted to return him to the Active/Inactive List anytime during this 21-day practice period. In order to do so, the player must be noted as "Designated For Return" on the first day that he returns to practice.  Physically Unable to Perform (PUP) - Correct answer A Player who fails his Club's preseason physical at the start of training camp because of an injury sustained while performing services pursuant to his NFL Player contract in a previous season may be placed on the Club's Physically Unable to Perform List (PUP).  Physically Unable to Perform (PUP) Salary - Correct answer Any Player placed on the Physically Unable to Perform List will be paid his full salary while on PUP.  Physically Unable to Perform (PUP) Permissible Activity - Correct answer Players who have been placed on PUP may participate in the following activities: (a) participating in non-contact rehabilitative activity; (b) attending team meetings; (c) observing team practice sessions  Physically Unable to Perform (PUP) Prohibited Activity - Correct answer Players who have been placed on PUP are prohibited from participating in practice sessions. P a g e 12 | 24 place Player on Reserve/Left Squad list; (4) waive Player; or (5) Continue to count the player on the Active List.  Reserve/Left Squad Prohibited Activity - Correct answer A Player placed on the Reserve/Left Squad List is prohibited from: (a) participating in team practice sessions; (b) attending meetings; (c) playing in games  Reserve/Left Squad Contract Tolled - Correct answer A Player placed on Reserve/Left Squad List shall have his contract tolled.  Reserve/Did Not Report - Correct answer A Player under contract who fails to report to training camp, or who fails to report to an assignee Club upon assignment of the contract via trade or the waiver system, may be placed on the Club's Reserve/Did Not Report List.  Reserve/Did Not Report - Correct answer A Player placed on the Reserve/Did Not Report shall be prohibited from: (a) participating in team practice sessions; (b) playing in games; (c) participating in any offseason conditioning program or minicamp until his written request for re- instatement to the active list of the Club has been approved by the Commissioner.  Practice Squad - Correct answer For the 2021 League Year, on the day after the final preseason cut-downs, each Club may establish a practice squad of up to twelve (12) players. The practice squad shall consist of the following players: (i) players who do not have an Accrued Season of NFL experience; (ii) free agent players who were on the Active List for fewer than nine (9) regular season games during their only Accrued Season(s); (iii) a maximum of four (4) free agent players per Club who have earned no more than two (2) Accrued Seasons, with those four (4) players to have P a g e 15 | 24 no limitation as to the number of games on the game day Active List in either of those seasons; and (iv) a maximum of two free agent players per Club with no limitations as to their number of earned Accrued Seasons; provided, however, that the NFL shall increase the maximum number of players in category (iv) above from two players to four players for the 2022-30 League Years.  Practice Squad Salary - Correct answer The fixed weekly salary amount for the 2021 League Year Practice Squad Players is: (a) $9,200 for any Practice Squad Player within categories (i), (ii) or (iii) above; and (b) $14,000 for Practice Squad Players within category (iv) above The weekly salary amounts increase over the life of the CBA and beginning in the 2022 League Year become negotiable within a stated range ONLY for Practice Squad Players who fall within category (iv) above. A Player under contract to a Club as a Practice Squad Player is completely free to sign a contract with any NFL Club to play on their Active/Inactive List. A Player is deemed to have served on a practice squad in a season if he has passed the Club's physical and been a member of the Club's practice squad for at least six (6) regular season or postseason games during that season. A bye week counts as a game provided that the player is not terminated until after the regular season or postseason weekend in question. If a Player on the practice squad of one Club (Club A) signs an NFL player contract with another Club (Club B): (1) the Player shall receive three (3) weeks salary of his NFL contract even if he is terminated by Club B prior to earning that amount, and (2) Club B is required to count the Player on its 53-man Active/Inactive List of three games, even if he is terminated.  Practice Squad 1 - Correct answer (1) Any Practice Squad Player may be elevated for a maximum combination of two regular or postseason games in the same League Year without having to terminate his Practice Squad contract P a g e 16 | 24  Practice Squad 2 - Correct answer When a Practice Squad Player is elevated, the terms of the Standard Elevation Addendum in the CBA will be in effect  Practice Squad 3 - Correct answer After such termination, the player shall automatically revert back to his Club's Practice Squad at 4 p.m. New York time on the first business day following such game without being subject to waivers  Practice Squad 4 - Correct answer Any Practice Squad Player elevated to his Club's game day Active/Inactive List a third time in the same League Year must first terminate his Practice Squad and then sign an NFL Player Contract, and the Club must request waivers on that contract, or terminate the contract if the player is not subject to waivers, before signing the player back to its Practice Squad. If the Club requests waivers on the player and that contract is not claimed by another Club, or if the Club terminates the player's contract, the player shall become a free agent and shall be free to sign an NFL Player Contract or Practice Squad Contract with any Club, including the Club that requested waivers or terminated the contract  Practice Squad 5 - Correct answer If the same player signs to the Practice Squad of another Club, nothing precludes that new Club from elevating the player to its game day Active/Inactive Lists under the same rules stated above  Practice Squad 6 - Correct answer If a Practice Squad Player is elevated to a Club's Active/Inactive List for any regular season game, the player's weekly compensation specified in Paragraph 4 of the Practice Squad Player Contract will be adjusted to one-eighteenth (1/18th) of the Paragraph 5 minimum salary for players on a Club's Active/Inactive List P a g e 17 | 24 example a veteran player signed a 7-year contract, then the signing bonus would still be prorated over the maximum number of years (5). If a player signs a contract for fewer than 5 years, then the number of years of proration would equal the number of years covered by the contract.  Renegotiation Signing Bonuses - Correct answer If a signing bonus is given in conjunction with a renegotiation and/or extension of a previously existing contract, the renegotiation signing bonus is prorated over the length of the new contract years including the year in which the renegotiation occurs, up to the maximum number of years for proration as stated above. For example, if a veteran player signed a two-year contract for the 2020 and 2021 seasons, and then receives a renegotiation signing bonus during the 2021 regular season for extending the contract another two seasons—2022 and 2023 —the renegotiation signing bonus is prorated equally over 2021, 2022 and 2023, not just 2022 and 2023. The proration on the original signing bonus, if any, does not change and still must be counted when computing the player's "cap number" for the 2021 season in this example.  Option Bonuses - Correct answer If a bonus is given in conjunction with a Club's right to exercise a future option year(s) in a veteran player's contract, that bonus is treated as signing bonus and prorated equally over the remaining years of the contract (including the option year(s)) beginning in the League Year in which the option is exercised or the last League Year in which the option may be exercised, whichever comes first. The proration of the option bonus is also subject to the maximum number of years allowed as stated above. For example, a veteran player signs a three-year contract in 2020 that includes a club option for a fourth year if in 2021 the club exercises the option and pays the player an option bonus of $3,000,000. For purposes of proration of the option bonus, the $3,000,000 is prorated equally beginning in 2021 over the remaining term of the contract, including the option year (three years total in this example). The original signing bonus in this example would be prorated P a g e 20 | 24 over four years as years in which a Club has a right to exercise an option must be included when prorating a signing bonus. Option years for rookies are only available to rookies drafted in the first round as described in Article 7 of the 2020 CBA and would not include an option bonus.  Paragraph 5 Salary (Base Salary) - Correct answer Paragraph 5 Salary always counts in full against Team Salary for the year in which it is earned even if the amount of salary is guaranteed or not. Proration would only occur in the case of an advanced payment of guaranteed Paragraph 5 Salary.  Likely-To-Be-Earned Amounts - Correct answer Some salary components count against Team Salary only if they are termed "likely to be earned" (LTBE). These components include, but are not limited to performance and honors incentives, roster bonuses, reporting bonuses and offseason workout bonuses. To determine whether a performance or honor incentive is LTBE for veterans, the key is the player's and/or team's on- field performance in the previous season. For example, a running back could have an incentive worth $100,000 if he gains 1,000 rushing yards during the 2021 season. If the player rushed for at least 1,000 yards in 2020, the incentive is treated as LTBE as he achieved the necessary performance level the previous season, and the $100,000 counts against Team Salary at the time the contract is executed in 2021. However, if the player rushed for fewer than 1,000 yards in 2020, then the incentive is treated as "not likely to be earned" (NLTBE) and does not count against Team Salary at the time the contract is executed in 2021. The same rule applies for determining whether a team incentive is LTBE or NLTBE except in the final League Year of the CBA or thereafter. All incentives for rookies are deemed LTBE and are limited to those described in Article 7 of the 2020 Collective Bargaining Agreement and must be included in the calculation of Rookie Salary, Year-One Rookie Salary, the Total Rookie P a g e 21 | 24 Compensation Pool, the Year-One Rookie Compensation Pool and the 25% rule.  Roster Bonuses - Correct answer Roster bonuses are treated very much like performance bonuses. For veterans, the player's prior year determines whether a roster bonus for the current season is LTBE or NLTBE. If a veteran was a member of his Club's Active/Inactive roster for 14 games in 2020 and has a roster bonus for $50,000 if he is a member of his Club's Active/Inactive roster for the same or a fewer number of games in 2021, then the full $50,000 is LTBE for 2021 and counts against Team Salary. But, if the roster bonus is based upon being on the Active/Inactive roster for a greater number of games in 2021, then it is NLTBE and does not count against Team Salary. Note however, unlike most performance incentives, NLTBE roster bonuses count against Team Salary as soon as they are earned. The same rule is applied to roster bonuses that are earned for being only on the Active roster for a certain number of games in a season. Also, preseason and offseason roster bonuses are automatically deemed LTBE. For rookies, all roster bonuses are LTBE and must be included in the calculation of Rookie Salary, Year-One Rookie Salary, the Total Rookie Compensation Pool, the YearOne Rookie Compensation Pool and the 25% rule.  For all players, any offseason roster bonus that is unconditionally guaranteed for skill, injury and salary cap termination is treated as a signing bonus (OATSB) and is prorated equally over the length of the contract for Salary Cap purposes (see Signing Bonuses).  Reporting Bonuses - Correct answer For all players, any non-guaranteed reporting bonus is LTBE and counts in full against Team Salary in the season in which it is earned. If a reporting bonus is unconditionally guaranteed for skill, injury and salary cap termination, then it is treated as a signing bonus (OATSB), and prorated equally over the length of the contract for Salary Cap purposes (see Signing Bonuses). For rookies, reporting bonuses are LTBE and must be included in the calculation of P a g e 22 | 24