NBA Exhibit 10 Contract Explained
By Michael Luciano
In the avalanche of undrafted free agents agreeing to contracts with NBA teams, you might see the term "Exhibit 10 Contract" crop up a few times. The latest example of this unique deal being given out was Tacko Fall, the 7-6 UCF center who agreed to a deal with the Boston Celtics.
Tacko Fall signs Exhibit 10 contract with Celtics, per @DraftExpress pic.twitter.com/Nz7Zjv1ifB
— Bleacher Report (@BleacherReport) June 21, 2019
An Exhibit 10 contract is a one-year deal worth the minimum salary that guarantees the player will receive a camp invite. Fall, for instance, can either have his Exhibit 10 converted into a two-way contract, or will be waived.
If he is waived, the player will be offered $50,000 to sign with the G League affiliate of whomever waved them. Provided he stays on the roster for 60 days, he will earn that $50,000 bonus. The Exhibit 10 contract was created to incentivize players to stay in the G League as opposed to going abroad.
Tacko Fall will sign an Exhibit 10 contract with the Boston Celtics, a source told ESPN. Pencil in July 8th at 430 at Thomas and Mack for your first TACKO Vegas Summer League fix.
— Jonathan Givony (@DraftExpress) June 21, 2019
A team can’t carry more than six Exhibit 10 contracts at a time, and an Exhibit 10 contract can only be converted to a two-way deal before the regular season begins.
Even though an Exhibit 10 contract that gets converted to a two-way deal can later also turn into a standard NBA contract, it won't count against an NBA team's salary cap.
Cliff notes version on a player signing an Exhibit 10:
— Bobby Marks (@BobbyMarks42) June 21, 2019
* Non-guaranteed contract
* Player could earn up to a $5-50K bonus if he is waived and spends 60 days with G-league affiliate.
* Does not count toward the salary cap.
With these contracts, the G League pool continues to get stronger with each passing year.