what is an exhibit 10 contract in the nba

An Exhibit 10 contract in the NBA is a one-year, minimum-salary deal that is usually non-guaranteed and is often used to bring a player into training camp. It can also include a bonus for a player who is waived and then spends at least 60 days with the team’s G League affiliate.

What it does

• Gives the team a low-risk way to evaluate a player in camp.

• Can be converted into a two-way contract before the regular season starts.

• May include a bonus, commonly described as ranging from about $5,000 up to $75,000 or more depending on the season and source.

Why teams use it

Teams use Exhibit 10 deals to compete for developmental players without much financial commitment, especially undrafted rookies or end-of-bench prospects. If the player does not make the main roster, the contract can still help keep him in the organization through the G League affiliate.

Simple example

A team signs a player to an Exhibit 10 deal for training camp. If he gets waived, but joins the team’s G League affiliate and stays there long enough, he can earn the bonus. If the team likes him enough before the season begins, it can convert him to a two-way contract instead.

TL;DR

An Exhibit 10 is basically a flexible, low-cost NBA camp contract with a built-in path to the G League or a two-way deal.