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Breaking Knicks News: Knicks Sign Magic F Chuma Okeke to Exhibit 10 Contract



Breaking Knicks News: Knicks Sign Magic F Chuma Okeke to Exhibit 10 Contract

Breaking Knicks News: Knicks Sign Magic F Chuma Okeke to Exhibit 10 Contract

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27 Comments

  2. @scottiescott9297

    An Exhibit 10 deal in the NBA is a type of contract clause that teams use to sign players to a one-year, non-guaranteed minimum salary contract. This clause offers specific benefits for both the player and the team:

    1. *Non-Guaranteed Contract:*
    – The contract is non-guaranteed, meaning the team can waive the player before the season begins without having to pay the full salary. This gives the team flexibility in roster management.

    2. *Bonus Incentive:*
    – If the player is waived, they can receive a bonus of up to $75,000 if they sign with the team’s G League affiliate and stay there for at least 60 days. This bonus does not count against the NBA team's salary cap.

    3. *Conversion to Two-Way Contract:*
    – An Exhibit 10 contract can be converted to a Two-Way contract, which allows the player to split time between the NBA team and its G League affiliate. This conversion must happen before the start of the regular season.

    4. *Player Development:*
    – For players, Exhibit 10 deals offer a pathway to make an NBA roster while also providing financial incentives if they spend time developing their skills in the G League.

    In summary, an Exhibit 10 deal provides a flexible option for NBA teams to evaluate and develop talent while giving players a structured pathway to potentially make an NBA roster or receive financial incentives for playing in the G League.

  4. @scottiescott9297

    An Exhibit 10 deal in the NBA is a type of contract clause that teams use to sign players to a one-year, non-guaranteed minimum salary contract. This clause offers specific benefits for both the player and the team:

    1. *Non-Guaranteed Contract:*
    – The contract is non-guaranteed, meaning the team can waive the player before the season begins without having to pay the full salary. This gives the team flexibility in roster management.

    2. *Bonus Incentive:*
    – If the player is waived, they can receive a bonus of up to $75,000 if they sign with the team’s G League affiliate and stay there for at least 60 days. This bonus does not count against the NBA team's salary cap.

    3. *Conversion to Two-Way Contract:*
    – An Exhibit 10 contract can be converted to a Two-Way contract, which allows the player to split time between the NBA team and its G League affiliate. This conversion must happen before the start of the regular season.

    4. *Player Development:*
    – For players, Exhibit 10 deals offer a pathway to make an NBA roster while also providing financial incentives if they spend time developing their skills in the G League.

    In summary, an Exhibit 10 deal provides a flexible option for NBA teams to evaluate and develop talent while giving players a structured pathway to potentially make an NBA roster or receive financial incentives for playing in the G League.

  5. @karlonharkless355

    Omer yursteven is the best option frfr he can shoot the 3 ,cut/pick n roll n jazz just waved him Knicks to grab him fast Big CP do you agrre

  9. @jasonacosta7662

    CP come on we need you to spread the word to knicks headquaters to sign Omer Yurtseven give him a 2 year deal veteran minimum and second year team option hes a skilled legit 7 footer

  18. @jaynore9711

    WHEN I SAW THE SIGNING I LAUGHED & SAID TO MYSELF IS CP GONNA GO LIVE ABOUT IT & HERE WE ARE FOR 10 MINS 🤣🤣🤣 NAH GOOD END OF THE ROSTER PICK UP THO 💯🫡
    💙🧡

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