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Post by laaztec on Sept 11, 2024 11:00:58 GMT -8
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Post by Gundo on Sept 11, 2024 11:15:10 GMT -8
Per Chat GPT: "Exhibit 10" refers to a specific provision that teams can include in a player's contract. This is typically seen in contracts for players on the fringes of NBA rosters, often those who are undrafted free agents or players trying to make a team after playing in the G-League or overseas.
Here’s what Exhibit 10 allows:
Flexibility with G-League: It allows teams to sign a player to a non-guaranteed minimum-salary contract with the option of converting it into a two-way contract (which allows players to move between the NBA team and its G-League affiliate).
Bonus Incentive: If a player is waived by the NBA team before the regular season starts but then signs with the team’s G-League affiliate and stays with the affiliate for 60 days, the player can earn a bonus (up to $75,000). This bonus is essentially an incentive to stick with the team’s developmental program.
Contract Conversion: Teams can convert Exhibit 10 contracts into two-way contracts, providing more security for the player if they perform well. This means that if a player impresses during training camp, they could secure a spot that allows them to be shuttled between the NBA and G-League.
Key Points:
Non-guaranteed deal: These contracts don't guarantee a spot on the NBA roster, and a player can be waived.
Developmental incentive: Players can make extra money by staying within the team's G-League system, which provides development opportunities.
Path to the NBA: It's a potential stepping stone for players who are looking to make an NBA roster after proving themselves in the G-League.
Exhibit 10 contracts provide teams with roster flexibility and help develop talent while giving players a shot at making the NBA.
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