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Bigby-Williams signs Exhibit 10 contract.
Posted on 8/6/19 at 2:58 pm
Posted on 8/6/19 at 2:58 pm
Bigby-Williams signs Exhibit 10
Keith Smith
@KeithSmithNBA
Per league sources the New Orleans Pelicans have officially signed Kavell Bigby-Williams. Bigby-Williams signed an Exhibit 10 contract.
Keith Smith
@KeithSmithNBA
Per league sources the New Orleans Pelicans have officially signed Kavell Bigby-Williams. Bigby-Williams signed an Exhibit 10 contract.
This post was edited on 8/6/19 at 4:15 pm
4
Posted on 8/6/19 at 3:13 pm to PelicansBay
Posted on 8/6/19 at 3:36 pm to PelicansBay
Hell yeah 
Posted on 8/6/19 at 4:22 pm to PelicansBay
I think that, after his summer league performance, KBW was hoping to get someone to offer him a 2-way contract. When that didn't happen, the Exhibit 10 with us makes a lot of sense because of the 50k bonus.
After this summer, I definitely think KBW can eventually make an NBA roster. I thought he had a better summer than Cheatham.
After this summer, I definitely think KBW can eventually make an NBA roster. I thought he had a better summer than Cheatham.
This post was edited on 8/6/19 at 4:26 pm
Posted on 8/7/19 at 7:23 am to PelicansBay
since i have no idea what an exhibit 10 contract really is:
quote:
An Exhibit 10 contract is a one-year deal worth the minimum salary that guarantees the player will receive a camp invite. A player 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.
quote:
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.
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