It seems like they'd be wasted.

yes they are wasted.

BlueDemons84 wrote: If my player is maxed out on a skill do those training points get wasted or are they automatically reassigned to another skill? I'm guessing they usually get wasted based on what I gather from the FAQ but IIRC fitness is different because those caps are impossible to overcome right? So if my player is maxed in either speed or strength am I wasting training points each week?

If a skill is capped, then you train it, i believe that the points are reassigned, i think i heard the admin say that once.
Otherwise, not knowing fitness caps would give an unfair in game advantage.

im pretty sure they dont get reassigned or wasted

it should be like the FAQ says
if you capped a skill and train it, once you obtain the 100 Training points, you have a 1/3 chance to gain a level. i assume if you dont then you lose those 100 points

fromt FAQ
7. Is it possible for a player to go above his maximum?
It is possible, it's just that much harder for the player to achieve that.
If a player is at his maximum then he has 1 in 3 chance to gain a point/level.
If a player is at his maximum + 1 then he has 1 in 5 chance to gain a point/level.
If a player is at his maximum + 2 then he has 1 in 10 chance to gain a point/level.
If a player is at his maximum + 3 then he has 1 in 20 chance to gain a point/level.
It is impossible for a player to go more than 4 above his maximum.

I have players who have hit the cap and still continue to gain very small increments in those physical skills. I have a rb that capped at 19 but has grown all the way to 19.54. I have a center that capped at 19 but has grown to 20.51. Although I don't know why it went over 20 at all. Weird, but I've never had a player get to 20 before, lol.