re: Bigby-Williams signs Exhibit 10 contract.

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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.

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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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