Content deleted Content added
Dale Arnett (talk | contribs) →Exhibit 10: New CBA increases the bonus. |
Dale Arnett (talk | contribs) |
||
Line 216:
Related to the two-way contract, and also introduced in the 2017 CBA, is an attachment to the standard NBA contract known as Exhibit 10. A contract that contains this attachment may be converted to a two-way contract at the team's option. Exhibit 10 can be used only in one-year, non-guaranteed contracts for the minimum NBA salary, with no bonuses except for an "Exhibit 10 bonus" of $5,000 to $50,000. The bonus is paid if the player is waived by his NBA team, signs with the G League, is assigned to that NBA team's G League affiliate, and remains with the affiliate at least 60 days. The bonus is not counted against the salary cap, but is counted in overall league salaries. Each NBA team is limited to six active contracts that contain Exhibit 10 at any given time.<ref name="2017 CBA FAQ 83"/>
The 2023 CBA increases the maximum Exhibit 10 bonus to $75,000.<ref name=Helin20230418/>
===Larry Bird exception===
| |||