August 17, 2018, 5:39 pmBruno CabocloF, Houston Rockets
The Houston Rockets have reached an Exhibit 10 deal with Bruno Caboclo per ESPN’s Chris Hayes.
Exhibit 10 deals are a new type of deal in the most recent CBA. A player who is signed to a contract with an Exhibit 10 will receive a bonus up to $50,000 if he signs a contract with the team’s G League affiliate upon being waived from the parent team. According to NetsDaily.com “a player waived by Oct. 17 must report to his G League affiliate by Oct. 20 and remain there for at least 60 days to receive the bonus (in addition to the G League salary). Unlike last season, when a team would incur a salary-cap hit for players with partially guaranteed money who were eventually waived at the end of training camp, an NBA team will not have a cap charge for the bonus money awarded. A player signed with an Exhibit 10 can also be converted to a two-way contract by the first day of the regular season. The bonus would then be rescinded and the two-way contract would apply.” This information is for educational purposes only as Bruno will not be on any fantasy rosters this season.
Source: Chris Haynes on Twitter