Congrats Q!
Exhibit 10 deals are essentially one-year, non-guaranteed minimum contracts with built-in clauses enabling teams to convert them to two-way contracts so long as the conversion takes place prior to the beginning of the regular season. Otherwise, players on Exhibit 10 deals become non-guaranteed minimum deals. Exhibit 10 deals also feature bonuses of between $5,000 and $50,000 that kick in if the player is waived and they report to the team's G League affiliate for at least 60 days. They are particularly useful between the draft and the start of the regular season, enabling teams to determine if they want to pursue a longer-term agreement (like a two-way deal) with a player. Only teams with a G League affiliate can utilize Exhibit 10 deals, meaning Denver, Phoenix and Portland cannot.
The Washington Wizards are signing undrafted Texas A&M guard Quenton Jackson to an Exhibit 10 contract, his agent Gino Littles tells @HoopsRumors.
— JD Shaw (@JShawNBA) June 24, 2022
Exhibit 10 deals are essentially one-year, non-guaranteed minimum contracts with built-in clauses enabling teams to convert them to two-way contracts so long as the conversion takes place prior to the beginning of the regular season. Otherwise, players on Exhibit 10 deals become non-guaranteed minimum deals. Exhibit 10 deals also feature bonuses of between $5,000 and $50,000 that kick in if the player is waived and they report to the team's G League affiliate for at least 60 days. They are particularly useful between the draft and the start of the regular season, enabling teams to determine if they want to pursue a longer-term agreement (like a two-way deal) with a player. Only teams with a G League affiliate can utilize Exhibit 10 deals, meaning Denver, Phoenix and Portland cannot.
