What Is A NBA 10 Day Contract?
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The NBA’s 10-day contract allows teams to take a look at players on a short-term basis. It’s a way for players to get their foot in the door and for teams to find diamonds in the rough.
What is a NBA 10 Day Contract?
A NBA 10 day contract is a standard contract offered by the NBA to players who are not currently under contract with any NBA team. These contracts are for a period of 10 days, and the player is paid a prorated amount based on the league minimum salary for that season. After the 10 days are up, the team can either sign the player to another 10 day contract, or release him.
NBA 10 day contracts are often used by teams to assess whether a player is a good fit for their roster, or to provide them with extra depth in case of injuries. They can also be used as a way for players to show their skill-set to other teams in hopes of landing a long-term deal elsewhere.
How do NBA 10 Day Contracts Work?
In the NBA, a 10-day contract is a short-term contract that a player can sign with any team in the league. Once signed, the player is under contract for 10 days, after which they become a free agent again.
During those 10 days, the player is paid at a pro-rated rate of the league minimum salary. For example, if a player signs a 10-day contract worth $100,000 with a team, they will earn $10,000 for each day they are on the roster.
If a player signs multiple 10-day contracts with different teams during the season, they can earn up to 45 days of service while still being considered a rookie. After that, they are no longer eligible for 10-day deals and must sign a standard NBA contract if they want to continue playing in the league.
While 10-day contracts are often used as a way for teams to take a look at players on the fringes of their roster, some players have used them to great effect. Journeyman guard Mike Gansey once signed seven 10-day contracts in one season and ended up starting 23 games for the Cleveland Cavaliers.
What are the Benefits of a NBA 10 Day Contract?
There are a few benefits of signing a NBA 10 day contract. The first is that it gives players an opportunity to showcase their skills in front of NBA coaches and scouts. By performing well during this 10 day window, players can put themselves in a position to earn a spot on an NBA roster.
Another benefit of signing a 10 day contract is that it allows players to earn significant money. While the average salary for an NBA player is around $5 million per year, players on a 10 day contract can earn $100,000 or more. This can be a huge windfall for players who are trying to make ends meet or support their families.
Finally, signing a 10 day contract can give players a sense of stability. Unlike players who are signed to short-term deals or are playing on a year-to-year basis, players on 10 day contracts know that they have at least 10 days of guaranteed employment. This can be beneficial both emotionally and financially for players who have been struggling to find stability in their lives and careers.
What are the Drawbacks of a NBA 10 Day Contract?
The main downside to signing a 10 day contract is that it can be hard to prove your worth in such a short amount of time. You’re essentially being given a short audition, and if you don’t impress the team in those 10 days, you’ll likely be let go. There’s also the risk that you could get injured during your contract and then be stuck without a team or any income.
How to Get a NBA 10 Day Contract?
To be eligible for a NBA 10-day contract, a player must be out of the NBA for at least three seasons. He also must have played in the NBA D-League for at least 25 games in the past three seasons or have been on an NBA D-League team’s active roster for at least 10 days in each of those three seasons. Players can sign two 10-day contracts with the same team in a season, but they can’t sign a third.