Alex Schumacher

Contract Details: Sharpe, Liddell, Prosper, Brooks, Schumacher

As part of his two-year contract agreement with the Nets, Day’Ron Sharpe waived his right to veto a trade during the 2025/26 season, Hoops Rumors has learned.

A player who re-signs with his previous team on a one-year deal or a two-year deal that includes a second-year option is typically given an implicit no-trade clause, but a team can ask the player to give up that no-trade clause upon signing. Because Sharpe agreed to do so, he would lose his Bird rights if he’s traded ahead of February’s deadline.

[RELATED: NBA Players Who Can Veto Trades In 2025/26]

Even though he re-signed with his previous team, got a raise exceeding 20%, and signed for more than the minimum, Sharpe will become trade-eligible on December 15 instead of January 15 because the Nets were still operating below the cap upon completing his deal.

Here are more details on a few recently signed contracts from around the NBA:

  • E.J. Liddell‘s new two-way contract with the Nets will cover just one season, Hoops Rumors has learned. The former Ohio State forward received a partial guarantee of $85,300 on that deal.
  • Olivier-Maxence Prosper, who signed a two-way contract with the Grizzlies, also agreed to a one-year deal that includes a partial guarantee worth $85,300, but his partial guarantee would increase to $318,218 if he remains on the roster through opening night — that’s 50% of his full two-way salary ($636,435).
  • As expected, the contract that Garrison Brooks signed with the Pelicans last week is a non-guaranteed Exhibit 10 deal, Hoops Rumors has confirmed. He’ll earn a bonus worth $85,300 if he’s waived by New Orleans and then spends at least 60 days with the Birmingham Squadron, the Pelicans’ G League affiliate.
  • While most Exhibit 10 contracts include that maximum bonus of $85,300, that’s not the case for every E10 deal. For instance, Alex Schumacher – who was signed and waived by the Suns last week – will earn an Exhibit 10 bonus worth $20K if he spends 60 or more days with the Valley Suns in the G League.

Suns Waive Alex Schumacher

The Suns have waived Alex Schumacher, reports Keith Smith of Spotrac (Twitter link). The move, which was not unexpected, came just a day after the team officially signed him to an Exhibit 10 contract.

Phoenix already held Schumacher’s G League returning rights, since he finished last season with the Valley Suns. Signing him to an Exhibit 10 deal and then waiving him will allow the organization to give him a bonus on top of his standard NBAGL salary for rejoining the Suns’ G League affiliate this fall.

Schumacher, who played two seasons at Seattle University before going undrafted in the 2024 draft, split time between the Valley Suns and the Windy City Bulls last season, averaging 9.2 points and 3.1 assists per game in his G League rookie year.

The sign-and-waive is a common move for teams to retain the ability to keep players in their programs by creating a pathway to more money than a standard G League contract. If the player spends at least 60 days with the team’s affiliate, he can earn a bonus worth as much as $85,300.

Suns Sign Alex Schumacher To Exhibit 10 Contract

The Suns have signed free agent guard Alex Schumacher to a training camp contract, per Paul Garcia of Spot Up Shot (Twitter link). It’s an Exhibit 10 deal, tweets Keith Smith of Spotrac.

Schumacher, who went undrafted out of Seattle University in 2024, spent his first professional season in the G League, appearing in a total of 48 games for the Windy City Bulls and the Valley Suns, who acquired his rights in a March trade. The 24-year-old averaged 8.2 points, 3.1 assists, and 2.7 rebounds in 22.6 minutes per game for the two teams, posting a shooting line of .395/.241/.825.

The Suns’ signing of Schumacher is almost certainly designed to ensure that he receives a bonus for returning to the Valley Suns this fall. His Exhibit 10 deal will make him eligible for a bonus worth up to $85,300 on top of his standard NBAGL salary as long as he spends at least 60 days with Phoenix’s affiliate.

With Schumacher on the roster, the Suns are carrying 19 players, two shy of the offseason limit.