As our tracker shows, the injury-plagued Pacers and Grizzlies have both been granted several hardship exceptions this season, allowing each team to sign multiple players to 10-day contracts. But tomorrow — Monday, January 5 — will be the first day that NBA teams can sign players to standard 10-day contracts.
A 10-day contract, as we outline in our glossary entry, allows a team to add a player to its roster for either 10 days or three games (whichever occurs later) without any commitment beyond that. A player can sign up to two 10-day deals with the same team in a single season — after those two contracts, the team must decide whether to sign him to a rest-of-season contract or part ways with him.
For some teams, the 10-day contract provides an opportunity to take a flier on a young player to see if he deserves a longer-term look. Other clubs may utilize 10-day deals for short-term injury fill-ins or simply to meet minimum roster requirements.
The NBA’s 10-day signing window always opens just ahead of the league-wide salary guarantee deadline. If a team wants to let go of a player on a non-guaranteed contract to avoid being on the hook for his full-season salary, it must release that player on or before Wednesday, Jan. 7 to ensure he clears waivers prior to the guarantee date of Jan. 10.
The start of the 10-day contract period and the salary guarantee deadline go hand in hand, since teams cutting players before their salaries become fully guaranteed often sign players to 10-day contracts to fill those newly opened roster spots. In some cases, the same player who was waived at the salary guarantee deadline returns to his team on a 10-day contract, as clubs looks to maximize their roster flexibility.
Thirteen teams currently have a 15-man roster opening, though most of those clubs won’t rush to fill their open roster spots with 10-day signees due to their financial situations. Teams may also want to maximize their roster flexibility in advance of the trade deadline — the majority of 10-day signings during a typical season occur after the deadline has passed.