How Much Is A NBA 10-Day Contract?
Contents
- What is a 10-day contract?
- How much does a 10-day contract pay?
- What are the benefits of signing a 10-day contract?
- Who is eligible for a 10-day contract?
- How many 10-day contracts can a player sign in a season?
- What happens if a player is signed to a 10-day contract and then waived?
- What are some notable players who have signed 10-day contracts?
10-day contracts in the NBA are rare but can be extremely beneficial for players looking to make an impact in a short amount of time.
What is a 10-day contract?
In the NBA, a 10-day contract is a contract that a team can sign a player to for 10 days. After those 10 days are up, the team can either release the player, sign the player to a second 10-day contract, or sign the player for the rest of the season.
How much does a 10-day contract pay?
A player on a 10-day contract will earn a pro-rated portion of the NBA’s minimum salary for the number of days he is under contract. For the 2020-21 season, the minimum salary is $563,500. So, a player on a 10-day contract will earn $56,350 per day.
What are the benefits of signing a 10-day contract?
One of the benefits of signing a 10-day contract is that it provides players with an opportunity to showcase their skills and abilities in hopes of landing a long-term deal with an NBA team. In addition, 10-day contracts also offer players greater financial stability as they are guaranteed a certain amount of money for the duration of the contract.
Who is eligible for a 10-day contract?
In order to be eligible for a 10-day contract, a player must not have been on an NBA roster for more than three seasons or have appeared in more than 44 games in any of those seasons. In addition, they must not be on a team’s NBA G League affiliate. If a player signs two 10-day contracts with the same team, they must be signed for the rest of the season.
How many 10-day contracts can a player sign in a season?
A player can sign a maximum of two 10-day contracts with the same team in a season. If a player is signed to a 10-day contract and then is not signed for the remainder of the season, he becomes a free agent.
What happens if a player is signed to a 10-day contract and then waived?
If a player is signed to a 10-day contract and then waived, his salary for those 10 days remains on the team’s books for cap purposes.
What are some notable players who have signed 10-day contracts?
Some notable players who have signed 10-day contracts include:
-Will Bynum
-Jamal Crawford
-Shelvin Mack
-Dewayne Dedmon
-Bobby Brown
-Garrett Temple