After clearing waivers on Friday, free agent forward/center Isaiah Roby has re-signed with the Knicks on an Exhibit 10 contract, the team announced today (via Twitter).
Roby signed a multiyear deal with New York on the final day of the 2022/23 regular season. The 25-year-old spent most of last season with the Spurs, appearing in 42 games and averaging 4.1 points and 2.5 rebounds in 11.3 minutes per night before being released in early March. He spent his first three NBA seasons with Oklahoma City.
Roby’s multiyear contract was non-guaranteed for 2023/24, but he remained in camp with the Knicks as he vied for a spot on the 15-man regular season roster. By waiving him on Wednesday, New York signaled that he wouldn’t claim one of those spots, but bringing him back on an Exhibit 10 deal suggests the team wants to keep him in its system. Roby is eligible to be named an affiliate player for the Westchester Knicks in the G League.
If Roby had been owed more than $75K in guaranteed money when he was cut by the Knicks, he would’ve been ineligible to play for Westchester, but his salary was entirely non-guaranteed.
He’ll likely be waived again later today, putting him on track to join New York’s G League team, where he’ll receive a $75K Exhibit 10 bonus if he remains with the club for at least 60 days. The Knicks have a pair of two-way slots available, but Roby is ineligible for a two-way deal due to his four years of NBA experience.