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Mavericks Sign Chad Brown To Exhibit 10 Deal

The Mavericks have signed former UCF forward Chad Brown to an Exhibit 10 contract, a league source tells Tim MacMahon of (Twitter link). Brown will likely be cut before Monday and designated as an affiliate player for Dallas’ G League affiliate, the Texas Legends.

Brown primarily came off the bench during his four college seasons, averaging 4.5 PPG, 5.0 RPG, and 1.0 BPG in 33 games (17.3 MPG) as a senior in 2018/19. He went undrafted this spring and joined the Magic for Summer League play in July.

The Mavericks now have 18 players under contract, including 15 on guaranteed salaries and two on two-way contracts.

Wizards Sign Anzejs Pasecniks To Exhibit 10 Contract

1:23pm: The Wizards have officially signed Pasecniks, the team announced today in a press release. Washington also confirmed the signing of Jalen Jones, which we noted in a separate story. The club has waived Justin Anderson, Jemerrio Jones, and Phil Booth, leaving 19 players on the roster.

11:12am: The Wizards have reached an agreement to sign former first-round pick Anzejs Pasecniks, sources tell Fred Katz of The Athletic (Twitter link). It’ll be an Exhibit 10 deal, Katz adds (via Twitter).

Pasecniks, a seven-footer from Latvia, was acquired by the Sixers on draft night in 2017 after he was selected with the 25th overall pick by Orlando. However, he continued his career overseas for the last two seasons, playing for Spanish team Gran Carania.

The 23-year-old was interested in coming stateside this year, but was seemingly no longer in the Sixers’ plans, having initially been acquired by the team’s old Bryan Colangelo-led regime. Philadelphia renounced his NBA rights, generating some extra cap room and clearing a path for him to join the Wizards for Summer League play.

Chase Hughes of NBC Sports Washington reported last month (via Twitter) that Pasecniks was expected to play for the Capital City Go-Go in the G League this season. Signing him to an NBA contract will ensure that the Wizards can designate him as an affiliate player, while the Exhibit 10 clause will make him eligible for a bonus worth up to $50K if he spends at least 60 days with the Go-Go.

Washington currently has a full 20-man roster, so the team will have to make a cut to create an opening for Pasecniks.

Magic Sign Jon Davis To Exhibit 10 Deal

After waiving Hassani Gravett on Sunday, the Magic didn’t keep the 20th spot on their roster open for long. According to a team press release, Orlando has filled out its preseason roster by signing former UNC-Charlotte guard Jon Davis. It’s an Exhibit 10 contract, tweets Roy Parry of The Orlando Sentinel.

Davis, 22, averaged 21.7 PPG, 4.5 RPG, and 3.7 APG in his senior year at Charlotte before going undrafted this spring. He caught on with the Nets for the Las Vegas Summer League in July but didn’t see much action for Brooklyn, logging just nine total minutes in two Summer League games.

By signing Davis to an Exhibit 10 contract, the Magic can secure his G League rights as a potential “affiliate player.” He’d be eligible for a bonus worth up to $50K if he spends at least two months with the Lakeland Magic, Orlando’s NBAGL affiliate.

An NBA team can designate up to four players as affiliate players for their G League squad. For Orlando, Gravett, Davis, DaQuan Jeffries, and Vic Law look like the top candidates.

Magic Sign Isaac Humphries To Exhibit 10 Deal

SEPTEMBER 24: The Magic have officially signed Humphries, per RealGM’s NBA transactions log. The club now has 19 players under contract, leaving one opening on its 20-man offseason roster.

JULY 24: The Magic and big man Isaac Humphries have agreed upon an Exhibit 10 deal, reports Olgun Uluc of Fox Sports Australia. Humphries, an Australian native, became an unrestricted free agent this summer when the Hawks opted not to extend him a qualifying offer.

Humphries only played five games for Atlanta last season after being signed in April, but he averaged 11.3 PPG, 6.9 RPG, and 1.1 BPG in 46 games (21.8 MPG) for the Hawks’ G League affiliate, the Erie BayHawks, before signing his rest-of-season deal with the Hawks.

Humphries appears to be the first player to receive an Exhibit 10 deal from the Magic so far this summer, but Orlando did recently come to terms with Josh Magette and Amile Jefferson for the club’s open two-way spots.

Accordingly, it’s unlikely that Humphries will make his way onto the Magic roster for the 2019/20 season. Instead, he’ll probably end up playing for the team’s G League affiliate, the Lakeland Magic.

Clippers Sign B.J. Taylor To Exhibit 10 Deal

The Clippers have signed undrafted rookie guard B.J. Taylor to an Exhibit 10 contract, the team announced today in a press release.

Taylor played his college ball at the University of Central Florida, averaging 15.9 PPG, 3.2 APG, and 2.3 RPG with a .384/.372/.779 shooting line in 33 games (34.4 MPG) as a senior in 2018/19. The Orlando native joined the Magic for Summer League play, though he only appeared briefly in one game for the club.

The Clippers waived two players last week, so no corresponding roster move was required to sign Taylor, who seems likely to eventually end up with the Agua Caliente Clippers of Ontario, L.A.’s G League affiliate. The Clips now have 19 players under contract.

Bulls Sign Justin Simon To Exhibit 10 Deal

SEPTEMBER 15: The signing is official, according to the Real GM Transactions Log.

SEPTEMBER 12: Undrafted rookie free agent Justin Simon will sign an Exhibit 10 contract with the Bulls today, league sources tell Adam Zagoria of Once it’s official, the signing will increase Chicago’s roster count to 17 players.

Simon, who declared for the 2019 draft as an early entrant following his junior year at St. John’s, averaged 10.4 PPG, 5.1 RPG, and 3.2 APG in 34 games (32.9 MPG) last season. The 6’5″ shooting guard struggled from beyond the arc, making just 28.9% of his attempts, but provided plenty of value on the other end of the court, earning Big East Defensive Player of the Year honors.

After going undrafted in June, Simon joined the Bulls for Summer League play and impressed the team in Las Vegas by averaging 6.8 PPG and 4.0 RPG with a .516 FG% in five games (21.0 MPG). He worked out for the Heat last month, but will head to training camp with Chicago.

With 14 players on guaranteed contracts and Shaquille Harrison also expected to make the regular season roster, the Bulls project to have a full 15-man squad. According to Zagoria, Simon will likely end up with the team’s G League affiliate, the Windy City Bulls.

What Teams Can Do With Exhibit 10 Contracts

Once the first wave of NBA free agency is over in mid-July, many free agents who sign with teams for the rest of the summer and into the fall receive Exhibit 10 contracts. As we explain in our glossary entry on the subject, Exhibit 10 contracts are one-year, non-guaranteed deals that essentially function as training camp invitations for veterans and rookies alike.

Exhibit 10 contracts appeal to NBA teams for a handful of reasons. Notably, they don’t count against a club’s cap during the offseason and preseason, meaning hard-capped teams like the Warriors and Heat can still fill out their camp rosters with players on Exhibit 10 deals.

Additionally, the Exhibit 10 clause is versatile enough to allow teams to make a variety of moves with players once the preseason ends. Here’s a breakdown of the options teams will have with those players this fall:

1. Carry the player on the team’s 15-man regular season roster

If a team is counting on a camp invitee to make the regular season roster, it will usually try to sign him to a multiyear contract, perhaps sweetening the deal with a partial guarantee. Still, it’s not unheard of for a player on an Exhibit 10 contract to make a strong impression in the preseason and earn himself a spot on a club’s 15-man squad.

In that scenario, the Exhibit 10 deal would begin counting against the team’s cap as of opening night, and would be treated as a standard one-year, minimum-salary contract. If the player remains under contract through January 10, his full salary would become guaranteed. He’d subsequently be eligible for free agency in 2020, and if he has fewer than four years of NBA experience under his belt, he’d be restricted.

2. Convert the player to a two-way contract

Not every team will have room on its 15-man roster for an Exhibit 10 player who looks great in camp, but some of those teams with full rosters might have a two-way contract slot open. Teams can unilaterally convert Exhibit 10 deals into two-way contracts without having to put the player through waivers, where he could be claimed by a rival franchise.

It appears that some teams will invite a handful of Exhibit 10 players to camp and have them compete for two-way deals. The Heat, who have yet to fill either of their two-way slots, are definitely taking this route. The other teams without a two-way player under contract – the Raptors and Rockets – may take a similar approach, and there are nine more teams with a single two-way opening.

One added perk of using this option? Once the player is on a two-way contract, he and the team can subsequently negotiate a new standard contract – even a multiyear deal – without going through the waiver process. Those negotiations aren’t possible if the player is still on an Exhibit 10.

3. Designate the player as a G League affiliate player

Teams can carry 20 players on their offseason rosters, but just 15 – plus a pair of two-way players – in the regular season. As such, many players signed to Exhibit 10 deals will be the odd men out at the end of the preseason and will be released.

Still, that doesn’t necessarily bring a player’s time with the organization to an end. Up to four players waived by teams prior to the season can be designated as “affiliate players” and assigned to their G League squads (assuming the player is on board). Exhibit 10 contracts go hand-in-hand with this arrangement, since they entitle a player of a bonus worth up to $50K if he’s waived and subsequently spends two months with his team’s G League affiliate.

Many NBA clubs will sign players to Exhibit 10 contracts for the sole purpose of eventually getting those players on their NBAGL rosters and making sure the players get some bonus money in the process.

For players coveted by more than one team, this process can be a complicated one. It’s not uncommon for an undrafted free agent to sign an Exhibit 10 contract with one NBA team, be released by that team early in the preseason, than sign a new Exhibit 10 deal with a second team before being waived again at the end of the preseason.

In that scenario, the player may have originally committed to play for one organization’s G League affiliate before changing course when a better opportunity arises. Assuming his NBAGL returning rights aren’t already held by a team, the NBA club that signs him last would be the one eligible to make him an affiliate player.

It’s also worth noting that the affiliate option doesn’t apply to teams without their own G League teams. The Nuggets and Trail Blazers can sign players to Exhibit 10 contracts, but can’t offer them a $50K bonus to play in the NBAGL, since neither Denver nor Portland has its own affiliate.

Wolves Sign Jordan Murphy To Exhibit 10 Deal

5:03pm: The signing is official, according to a team press release.

3:35pm: Undrafted rookie Jordan Murphy, who has spent much of the summer working out with the Timberwolves, will sign an Exhibit 10 contract with Minnesota and be in training camp with the club, reports Jon Krawczynski of The Athletic (Twitter link).

Murphy, a 6’6″ forward, averaged a double-double in each of his final two years playing college ball at Minnesota, putting up 14.4 PPG and 11.0 RPG in 36 games (31.1 MPG) in 2018/19.

Although he wasn’t selected in the draft, Murphy caught on with his local team for Summer League play, appearing in seven games in Las Vegas with the Wolves’ squad. He averaged 8.9 PPG and 4.9 RPG in just 14.0 minutes per contest.

The Timberwolves currently have 19 players under contract and also have a reported agreement in place with undrafted rookie Tyus Battle. The team can’t exceed 20 players, so if the team intends to sign both Battle and Murphy, another player will have to be waived at some point.

The Wolves have 15 players on guaranteed contracts and have filled both of their two-way contract slots, so the idea of Murphy earning a regular season roster spot may be a long shot. Krawczynski suggests the rookie forward is a candidate to end up with the Iowa Wolves, Minnesota’s G League affiliate.

Spurs Sign Jeff Ledbetter To Exhibit 10 Deal

Approximately three weeks after originally offering him a contract, the Spurs have signed guard Jeff Ledbetter to an Exhibit 10 deal, reports Nicola Lupo of Sportando.

Ledbetter, 31, is an Idaho product primarily known for his marksmanship from long range. He has spent the last three seasons with the Spurs’ G League affiliate, the Austin Spurs, but did leave the team early last season to play in Mexico.

In 101 career NBAGL games, Ledbetter has posted a respectable stat line of 11.0 PPG, 2.6 RPG, and 3.2 APG. He figures to become an affiliate player in Austin for the fourth straight season.

With Ledbetter under contract, the Spurs now have 20 players on their offseason roster, including two-way players Drew Eubanks and Quinndary Weatherspoon.

Grizzlies Sign Matt Mooney To Exhibit 10 Deal

SEPTEMBER 4: The deal is now official, per a release from the team.

AUGUST 17: The Grizzlies have agreed to sign Matt Mooney to an Exhibit 10 deal, as the guard tells KeloSports. Mooney will likely end up playing for the team’s G League affiliate, the Memphis Hustle.

The 6’3″ guard helped lead Texas Tech to the National Championship game last season, though the team lost to Virginia. He’s the third member of that squad to ink an NBA contract this offseason with Jarrett Culver joining the Wolves and Tariq Owens finding himself on the Suns.

Mooney said he had been deciding between the Grizzlies and the Heat for his first deal in the NBA. He’ll join Memphis for training camp.

The Grizzlies currently have a full 20-man roster, so they’ll need to make a trade or a cut before officially signing Mooney.

Terry Larrier Signs Exhibit 10 Deal With Clippers

AUGUST 23: The signing is official, according to the Real GM transactions page.

AUGUST 17: The Clippers are bringing in Terry Larrier on an Exhibit 10 deal, according to Jovan Buha of The Athletic (Twitter link). Larrier is a long shot to make the roster for Los Angeles, though he’ll likely play for the club’s G League affiliate, the Agua Caliente Clippers.

Larrier was not selected during the 2018 draft. The 6’8″ guard made his collegiate debut at VCU before transfering to UConn and spending two season with the school.

He most recently was with the Spurs for this offseason’s Summer League. He played in the event for the Grizzlies in 2018.

Celtics To Sign Yante Maten To Exhibit 10 Deal

The Celtics will sign Yante Maten, a source tells Adam Himmelsbach of The Boston Globe (Twitter link). The pact will be an Exhibit 10 deal.

Maten played for the Heat on a two-way contract last season, splitting time between Miami and the Sioux Falls Skyforce. The 23-year-old forward averaged an impressive 23.5 PPG and 9.7 RPG in 30 G League contests, earning a spot on the All-NBAGL Second Team. Hoever, he was waived by the Heat in July.

The Celtics already have filled both of their two-way contract slots (Tremont Waters, Max Strus). Once Boston officially signs Maten and finalizes its reported deal with Kaiser Gates, the team’s training camp roster will feature 20 players, which is the maximum allowed.

Clippers Sign Donte Grantham To Exhibit 10 Deal

The Clippers have filled their 20-man offseason roster by signing free agent forward Donte Grantham. According to RealGM’s transactions log, the deal was finalized on Tuesday. Jovan Buha of The Athletic tweets that it’s an Exhibit 10 contract, giving Grantham the opportunity to compete for a roster spot in training camp.

Grantham, 24, went undrafted out of Clemson in 2018 and then spent most of his first professional season on a two-way contract with the Thunder. Although he played just two total minutes in three NBA games for Oklahoma City, the 6’8″ forward was a regular starter for the OKC Blue, the Thunder’s G League affiliate, averaging 10.5 PPG and 6.5 RPG on .404/.372/.804 shooting in 34 contests (26.5 MPG).

Grantham’s two-way deal included a second season, but the Thunder opted to go in a different direction, waiving him last month.

The Clippers are now carrying 14 players on guaranteed contracts, two on two-way deals, and four with non-guaranteed salaries. If the club plans to keep a 15th man on its roster to open the season, Grantham figures to compete with fellow camp invitees Derrick Walton Jr., Terry Larrier, and James Palmer Jr. for that spot.

Hawks Sign Marcus Derrickson To Exhibit 10 Deal

AUGUST 23: The signing is official, tweets Chris Vivlamore of The Atlanta Journal-Constitution.

AUGUST 2: The Hawks have reached an agreement to sign free agent forward Marcus Derrickson to an Exhibit 10 contract, reports Shams Charania of The Athletic (via Twitter).

Derrickson, 23, spent the 2018/19 season with the Warriors on a two-way contract. He appeared in just 11 games for the NBA club, averaging 4.2 PPG in limited action. However, he played a much more substantial role for the Santa Cruz Warriors, recording 13.7 PPG and 5.6 RPG on .467/.419/.841 shooting in 35 G League contests (27.2 MPG).

The Hawks, who have 13 players on guaranteed contracts, are also bringing Ray Spalding to training camp on an Exhibit 10 deal, and will likely keep adding to that list as September approaches.

If Atlanta doesn’t sign any more veteran free agents, it could open the door for Derrickson, Spalding, and other camp invitees to compete for regular season roster spots.

Magic Sign B.J. Johnson To Exhibit 10 Deal

The Magic have signed free agent guard B.J. Johnson, the team announced today in a press release. According to Roy Parry of The Orlando Sentinel (via Twitter), it’s an Exhibit 10 contract for Johnson, who inked a similar deal with the club last fall.

After going undrafted out of La Salle in 2018, Johnson was with the Magic for training camp and the preseason, then spent most of his first professional season playing for the Lakeland Magic, Orlando’s G League affiliate. He averaged 15.4 PPG, 5.0 RPG, and 1.4 SPG with a shooting line of .476/.444/.841 in 39 NBAGL games.

Johnson also had brief NBA auditions in 2018/19 with the Hawks, who signed him to a pair of 10-day contracts in March, and the Kings, who signed him for the final week of the regular season. The 23-year-old appeared in seven total regular season games for the two clubs, with Sacramento waiving him in July.

The Magic now have a full 20-man offseason roster, including just 13 players on fully guaranteed contracts. Although the team probably won’t carry a 15th man due to tax concerns, the 14th roster spot is up for grabs. Johnson could be in the mix for that spot, but seems more likely to eventually return to Lakeland, where he’d earn an Exhibit 10 bonus worth up to $50K if he spends two months with the club.

Lakers Sign Demetrius Jackson To Exhibit 10 Deal

The Lakers have signed Demetrius Jackson, according to a team press release. ESPN’s Dave McMenamin (Twitter link) hears that the arrangement is an Exhibit 10 deal.

Jackson was selected with the 45th overall pick in the 2016 draft out of the University of Notre Dame. The point guard began his NBA career in Boston, though he only saw five games of action for the Celtics during his rookie season.

Jackson spent time in Houston and Philadelphia as well as the G League since his rookie campaign. The 24-year-old will look to make the Lakers’ roster, although it’s more likely that he’ll play for the team’s G League squad, the South Bay Lakers, next season.

The Lakers now have a full 20-man offseason roster.

Hoops Rumors Glossary: Exhibit 10 Contract

After the NBA’s biggest-name free agents come off the board, many teams shift their focus to filling out their training-camp rosters. Teams can only carry 15 players on NBA contracts (plus two on two-way deals) during the regular season, but their maximum roster size increases to 20 players in the offseason, allowing clubs to bring a few extra players to camp to audition for a place on the regular-season roster or a spot on the team’s G League affiliate.

Many of those players will sign a contract with an Exhibit 10 clause. Introduced in the NBA’s most recent Collective Bargaining Agreement, Exhibit 10 contracts are one-year deals worth the minimum salary. They don’t come with any compensation protection, but can include an optional bonus ranging from $5K to $50K.

Let’s say an undrafted rookie signs an Exhibit 10 contract with the Knicks that includes a $50K bonus. He attends camp with the Knicks, but is waived before the regular season begins, with New York designating him an affiliate player in order to retain his G League rights. In that scenario, if the rookie elects to play in the G League for the Westchester Knicks and remains with the club for 60 days, he’d be entitled to his full $50K bonus.

The player wouldn’t receive that bonus if he opts to sign with a team overseas after being waived by the Knicks. Essentially, the Exhibit 10 bonus serves as an incentive for players to stick with their team’s G League affiliate — they must spend at least 60 days with the NBAGL club in order to get their bonus.

There’s another scenario in which that undrafted rookie who signs an Exhibit 10 deal with the Knicks would receive his $50K. Exhibit 10 contracts can be converted into two-way contracts, so if New York opted to do that before the season begins, the $50K bonus would turn into a salary guarantee for the player. As soon as his contract becomes a two-way deal, he’s entitled to that bonus, even if the Knicks waive him a week later.

Only teams with a G League affiliate can include an Exhibit 10 bonus in a contract. In 2019/20, the Pelicans will become the 28th NBA team with its own affiliate, leaving only the Trail Blazers and Nuggets on the outside looking in. Those clubs could technically sign players to Exhibit 10 deals, but wouldn’t be able to include bonus money.

The Heat have been one of the most active teams so far this offseason when it comes to signing Exhibit 10 contracts. Jeremiah Martin, Chris Silva, and Kyle Alexander have all received those deals, which benefit Miami in one important way — they don’t count against team salary during the offseason. That’s crucial for the hard-capped Heat, who are less than $1MM away from the tax apron and otherwise wouldn’t be able to add free agents to their roster without shedding salary elsewhere.

Here are a few more notes relating to Exhibit 10 contracts:

  • A team can’t carry more than six Exhibit 10 contracts at a time.
  • An Exhibit 10 contract can only be converted to a two-way deal before the regular season begins.
  • An Exhibit 10 contract that gets converted to a two-way deal can later be converted into a standard NBA contract.
  • An Exhibit 10 bonus earned by a player who ends up in the G League or on a two-way contract isn’t counted toward the NBA team’s total salary.

Note: This is a Hoops Rumors Glossary entry. Our glossary posts will explain specific rules relating to trades, free agency, or other aspects of the NBA’s Collective Bargaining Agreement. Larry Coon’s Salary Cap FAQ was used in the creation of this post.

An earlier version of this post was published in 2018.

Magic Sign Hassani Gravett To Exhibit 10 Deal

The Magic have signed free agent guard Hassani Gravett, the team announced today in a press release. According to Josh Robbins of The Athletic (via Twitter), it’s an Exhibit 10 contract.

Gravett, who played his college ball at South Carolina, averaged 11.4 PPG, 3.8 RPG, and 2.4 APG with a .399 3PT% in 32 games in 2018/19. He went undrafted in June and didn’t play any Summer League games in July, but it appears he’ll attend training camp with the Magic.

Robbins suggests that Gravett “appears certain” to play for the Lakeland Magic, Orlando’s G League affiliate, in his rookie season. If he spends at least 60 days with Lakeland, he’ll be eligible for an Exhibit 10 bonus worth up to $50K, in addition to his G League salary.

The Magic now have 18 players under contract, with first-rounder Chuma Okeke still unsigned. Isaac Humphries reportedly agreed to an Exhibit 10 deal with the team as well, so he and Okeke may take the two final spots on Orlando’s 20-man offseason squad, though there could be more roster shuffling to come.

Warriors To Sign Mychal Mulder To 10-Day Deal

The Warriors will use one of the open spots on their 15-man roster to sign G League guard Mychal Mulder to a 10-day contract, league sources tells Shams Charania of The Athletic (Twitter link).

Mulder, 25, has been a G League mainstay since going undrafted out of Kentucky in 2017, appearing in a total of 134 games for the Windy City Bulls and Sioux Falls Skyforce over the last three seasons. In 39 games (33.2 MPG) with the Heat’s NBAGL affiliate in 2019/20, the Canadian has averaged a career-best 17.0 PPG with 4.5 RPG on .451/.399/.700 shooting.

Mulder sign an Exhibit 10 contract with Miami last fall and spent training camp and the preseason with the club, but has never been on an NBA roster during the regular season.

Since clearing several roster spots in trades before the deadline, the Warriors have been auditioning a variety of players on 10-day deals. After signing Jeremy Pargo and Zach Norvell earlier in the month, Golden State will now have Dragan Bender and Mulder on 10-day contracts.

The Warriors, who are being careful to stay below the tax line, currently have two openings on their 15-man roster, so no corresponding move will be required to make room for Mulder. As our breakdown of 10-day salaries shows, he’ll earn nearly $51K on his new deal. If he signs it on Thursday, rather than today, it will cover Golden State’s next six games instead of just five.

Clippers Sign James Palmer To Exhibit 10 Deal

AUGUST 6: The Clippers have officially signed Palmer, according to RealGM’s transactions log.

JULY 26: The Clippers are expected to sign guard James Palmer Jr. to an Exhibit 10 deal, Andrew Greif of the Los Angeles Times reports.

The 6’6” Palmer went undrafted after his first two college seasons with Miami and the last two at Nebraska. He averaged 19.7 PPG, 4.2 RPG and 3.0 APG as a senior but made just 31.3% of his 3-point attempts.

He averaged 14.0 PPG in 26.8 MPG over four games with the Suns in summer league play this month. The Clippers signed former Heat guard Derrick Walton Jr. to a similar contract on Friday.

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