When the Lakers signed Matt Ryan and Dwayne Bacon to non-guaranteed training camp contracts earlier this month, both players received Exhibit 9 clauses in their new deals, but not Exhibit 10s, Hoops Rumors has learned.
Exhibit 9 contracts are non-guaranteed camp deals that don’t count against the cap during the preseason and offer teams some protection in the event of an injury. Exhibit 10s are similar, but also allow teams to convert the player to a two-way deal (if he’s eligible) or to give him a bonus worth up to $50K if he’s waived and then spends at least 60 days with the team’s G League affiliate.
As a general rule, a player who signs a training camp contract without an Exhibit 10 clause is usually just competing for a spot on his team’s 15-man regular season roster and won’t end up playing for the club’s G League affiliate if he doesn’t make the cut.
Langston Galloway (Pacers), Dennis Smith Jr. (Hornets), LiAngelo Ball (Hornets), Cody Zeller (Jazz), Timothe Luwawu-Cabarrot (Suns), and Wes Iwundu (Trail Blazers) are among the other recently signed free agents who signed Exhibit 9 – not Exhibit 10 – contracts.
Here are a few more contract details from around the NBA:
- The exact cap hits on CJ McCollum‘s new extension with the Pelicans are $33,333,333 for 2024/25 and $30,666,666 for ’25/26, Hoops Rumors has confirmed. The deal is fully guaranteed, with no options or bonuses.
- Veteran players who recently signed Exhibit 10 contracts include Justin Anderson (Pacers), Norvel Pelle (Pacers), Jalen Harris (Knicks), Kostas Antetokounmpo (Bulls), PJ Dozier (Timberwolves), Brodric Thomas (Celtics), Juwan Morgan (Clippers), Zylan Cheatham (Pelicans), Zavier Simpson (Magic), and Aleem Ford (Magic), Hoops Rumors has confirmed. Anderson and Pelle were subsequently waived by Indiana.
- RaiQuan Gray (Nets), Justin Bean (Grizzlies), Jacob Gilyard (Grizzlies), Jules Bernard (Pistons), Stanley Umude (Pistons), John Butler (Pelicans), Garrison Brooks (Knicks), and Nuni Omot (Knicks) are among the rookies who recently signed Exhibit 10 contracts with their respective teams, Hoops Rumors has confirmed. Brooks and Omot have since been waived by New York.
9 thoughts on “Contract Details: Lakers, Galloway, DSJ, McCollum, More”
How about the boy James Wiseman being completely dominant out in Japan tho. Youngster is a ridiculously early leader for both 6MOY & MIP. Lookin like young Roy Tarpley… link to m.youtube.com
Wow he looked so confident. Did everything including going to the hole strong and throwing it down with two hands. Looks like a 5-year veteran in the highlights. Definitely looking forward to seeing him develop and have a great year. Hope the young man can stay healthy.
Thanks for the link !!
He’s got a ways to go on that Tarpley comment.
What did Tarpley have that Wiseman doesn’t have?
That’s a lot of money for an oft injured dude’s age 33 and 34 season.
Probably should have waited. No one else was gonna give him that kinda money. Once Zion comes back and CJs stats dip you’ll view that contract like Tobias Harris.
Yeah but if you’re the Pelicans you’ve got to build something. You’ve got to create big contract and big money environment meaning big players. Can’t be touting youth and potential and the future forever.
I see what you’re saying but a shooter/scorer at 33 years old should be okay, though 33 million dollars is a lot of money. It’s not like he’s Westbrook or someone else who relies on Raw athleticism versus heady, shifty, basketball skillage. I think skillage is a word. Falls in the Gary vocabulary along with boobage and others.
Luke — Doesn’t the CBA limit raises (or pay decreases) in a contract to 8%? Is there some flexibility in that rule, because McCollum’s salary step-down is over that limit…
I believe that 8% limit is based on what a raise would be worth. In this case, an 8% raise on $33,333,333 would be $2,666,667, which is exactly how much it’s declining from year one to year two.
Ok got it, that makes sense now