what is an exhibit 10 nba contract

An Exhibit 10 NBA contract is a one-year, minimum-salary, non-guaranteed deal that often brings a player to training camp and can be converted into a two-way contract before the season starts.

What it does

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

• Can include a bonus if the player is waived and then spends at least 60 days with the team’s G League affiliate.

• Usually pays a bonus in the roughly $5,000 to $85,300 range depending on the season and terms.

Why teams use it

• It helps teams bring in undrafted rookies, camp invites, or fringe roster players without much financial commitment.

• It also helps them keep G League rights tied to that player if he joins the affiliate after being waived.

• A team can carry up to six Exhibit 10 contracts at once.

Simple example

A player signs an Exhibit 10 deal, impresses in camp, and the team converts it into a two-way contract. If not, he can be waived, join the G League affiliate, and still earn the bonus after staying there long enough.

Mini TL;DR

It is basically a camp invite with upside : cheap for teams, a possible roster path for players, and a bonus if the player sticks with the team’s G League affiliate.