The Raptors have signed second-year forward Reggie Perry, per a team press release.
Financial details of the move were not disclosed, but Blake Murphy (formerly of The Athletic) tweets that it will be an Exhibit 10 contract for training camp. Exhibit 10 contracts can be converted into standard or two-way deals and give players like Perry the opportunity to earn bonuses worth up to $50K if they end up joining the club’s G League affiliate after being cut, which seems pretty likely in this case, as Murphy notes.
Both of the Raptors’ two-way contract slots are currently filled, so they would have to waive one of those players in order to convert Perry to a two-way contract. The signing of Perry means that the team’s 20-man training camp roster is now full.
The 57th overall pick in the 2020 draft, Perry played sparingly for the Nets as a rookie last season, seeing action in 26 games and posting averages of 3.0 PPG and 2.8 RPG in just 8.1 MPG.
He did post strong numbers for their G League affiliate, the Long Island Nets, averaging 18.1 PPG, 8.9 RPG, and 2.9 APG in 28.8 MPG across 15 games. The team was reportedly high on the former SEC co-player of the year, and he definitely has a chance to make it back to the NBA at some point.
First, I’m sure you meant “contract slots,” not “contract clots” as that would require a medical procedure… Second, I liked Reggie Perry for the Nets. He has potential but there’s no room for him right now. They could have kept him on the second two-way. It’s possible they could watch him during the preseason and offer him that two-way instead of those that are competing for it in-house right now, but that’s doubtful.
Rockets have a couple of contract clots right now. They won’t move along.