Page 1 of 2 12 LastLast
Results 1 to 25 of 45

Thread: Congratulations --Perkins signs with Charlotte Hornets

  1. #1

    Default Perkins signs with Charlotte

    Charlotte on an Exhibit 10 contract - guaranteed money.

    https://www.cbssports.com/fantasy/ba...-in-charlotte/
    Last edited by GoZags; 06-21-2019 at 07:43 PM. Reason: OP edited to add link
    History has its eyes on you.

    Sage of the GU Message Board

  2. #2
    Join Date
    Jan 2013
    Location
    Spokane Valley
    Posts
    630

    Default

    Yay Perks!!!!!

  3. #3
    Join Date
    Nov 2009
    Location
    Spokane / Goodyear, AZ
    Posts
    1,833

    Default

    What is an exhibit 10 contract for us dummies?
    To Fish & Game: Keep streams stocked well for Mr. Few!

  4. #4

    Default

    Quote Originally Posted by GrizZAG View Post
    What is an exhibit 10 contract for us dummies?
    Exhibit 10
    History has its eyes on you.

    Sage of the GU Message Board

  5. #5
    Join Date
    Feb 2007
    Location
    University Place, WA (aka Chambers Bay)
    Posts
    4,838

    Default Google results for "Exhibit 10 contract"

    Quote Originally Posted by GrizZAG View Post
    What is an exhibit 10 contract for us dummies?
    Also VERY happy for Josh (and Zach).

    https://www.google.com/search?q=exhi...hrome&ie=UTF-8

    From the Slam article
    https://www.slamonline.com/nba/cba-e...-10-contracts/

    .An Exhibit 10 contract is a one-year, minimum salary NBA contract with a specific Exhibit 10 attachment built into it and no other bonuses. These attachments are not present in every NBA contract, only deals in which both parties have agreed to include it.

    Exhibit 10 attachments allow the NBA team to convert a player’s one-year, minimum contract into a two-way contract but this has to occur prior to the start of the regular season.

    These one-year deals are often non-guaranteed, which lets NBA teams waive the player and remove their cap hit from the team payroll.

    Exhibit 10 attachments allow players to earn a bonus of $5,000 to $50,000 in the event that they are waived by the NBA team, then sign a deal with that franchise’s G League affiliate* and remain with that affiliate team for 60 days.

    This bonus $5,000 – $50,000 bonus, which does not count against the NBA salary cap, is in addition to the G League salary the player would also collect in this particular scenario. If a player’s Exhibit 10 contract is converted to a two-way deal, the Exhibit 10 bonus converts to guaranteed salary.

    NBA teams may have no more than six players with Exhibit 10 attachments in their contracts on their roster at any given time and these contracts may not be extended or renegotiated.

    *NBA teams without G League affiliates can not sign players to Exhibit 10 contracts

    "To be continued ....."
    Father Tony Lehman, SJ

  6. #6
    Join Date
    Oct 2007
    Posts
    11,571

    Default

    Great news about Josh and Norvell. Wow! That's four Zags playing NBA ball this summer. Really cool!

    Go Zags!!!
    Go Zags!!! The Best Is Yet To Come!!!

  7. #7
    Join Date
    Mar 2010
    Posts
    2,263

    Default

    great news for our guys.......especially like that Josh can keep playing....

  8. #8
    Join Date
    Mar 2008
    Location
    North Side
    Posts
    5,059

    Default

    Love Josh.
    Love the zags for life

  9. #9
    Join Date
    Jul 2014
    Posts
    582

    Default

    Quote Originally Posted by GrizZAG View Post
    What is an exhibit 10 contract for us dummies?
    Basically a summer/traing camp contract with guaranteed spot in the G league if you get cut, plus they will give you a 50K bonus if you stay with the g league team for at least 2 months. The bonus is designed to persuade young players to play the whole season in the G league and not head overseas

    There is debate whether a two-way contract or an Exhibit 10 is the better route to go if you want to make it to the league. Some say the two way is best because team is more invested in you and will likely give you at least one chance to play with the big boys before the season is over. Others say the Exhibit 10 is better because any team can call you up the the NBA (you are not contractually obligated to any NBA team).
    Last edited by MileHigh; 06-22-2019 at 02:02 PM.

  10. #10
    Join Date
    Nov 2009
    Location
    Spokane / Goodyear, AZ
    Posts
    1,833

    Default

    Quote Originally Posted by MileHigh View Post
    Basically a summer/traing camp contract with guaranteed spot in the G league if you get cut, plus they will give you a 50K bonus if you stay with the g league team for at least 2 months. The bonus is designed to persuade young players to play the whole season in the G league and not head overseas

    There is debate whether a two-way contract or an Option10 is the better route to go if you want to make it to the league. Some say the two way is best because team is more invested in you and will likely give you at least one chance to play with the big boys before the season is over. Others say the Option10 is better because any team can call you up the the NBA (you are not contractually obligated to any NBA team).
    Great synopsis, what I was looking for. Thanks
    To Fish & Game: Keep streams stocked well for Mr. Few!

  11. #11
    Join Date
    Oct 2008
    Posts
    4,397

    Default

    I like the Option 10 for Perkins as much as I like the 2-way for Norvell, and I think they are suited to each individual's particular situation. With John Wall hurt, Chris Paul perhaps moving along, and Kyrie Irving going somewhere else, I am going to be more interested in the free agency period than usual. It seems like there will be some significant moving of the deck chairs across the NBA and Perkins could fit some needs elsewhere. The Lakers seem to like the intangibles that GU players bring to the table, and I personally think Norvell has his best chance with trying to stick where he is.

  12. #12
    Join Date
    Mar 2009
    Location
    Portland, OR
    Posts
    2,089

    Default

    Quote Originally Posted by JPtheBeasta View Post
    I like the Option 10 for Perkins as much as I like the 2-way for Norvell, and I think they are suited to each individual's particular situation. With John Wall hurt, Chris Paul perhaps moving along, and Kyrie Irving going somewhere else, I am going to be more interested in the free agency period than usual. It seems like there will be some significant moving of the deck chairs across the NBA and Perkins could fit some needs elsewhere. The Lakers seem to like the intangibles that GU players bring to the table, and I personally think Norvell has his best chance with trying to stick where he is.
    Kemba might be out of Charlotte too, which would be a plus for Josh. I’m no insider but maybe this factored into his decision to sign there?

  13. #13
    Join Date
    Mar 2007
    Location
    Zag Country
    Posts
    3,154

    Default

    Quote Originally Posted by JPtheBeasta View Post
    I like the Option 10 for Perkins as much as I like the 2-way for Norvell, and I think they are suited to each individual's particular situation. With John Wall hurt, Chris Paul perhaps moving along, and Kyrie Irving going somewhere else, I am going to be more interested in the free agency period than usual. It seems like there will be some significant moving of the deck chairs across the NBA and Perkins could fit some needs elsewhere. The Lakers seem to like the intangibles that GU players bring to the table, and I personally think Norvell has his best chance with trying to stick where he is.
    I don’t remember the NBA ever being this crazy prior to free agency signing.
    Parlez-vous français?

  14. #14
    Join Date
    Oct 2008
    Posts
    4,397

    Default

    Quote Originally Posted by northsidezagfan View Post
    Kemba might be out of Charlotte too, which would be a plus for Josh. I’m no insider but maybe this factored into his decision to sign there?
    That could be amazing for Josh. I saw that they had something crazy like 5 PG’s on their roster last year, but it seemed that none were world beaters except for Kemba.

  15. #15
    Join Date
    Mar 2008
    Location
    Chattaroy
    Posts
    3,374

    Default

    I feel Perks will do quite well in the NBA
    http://www.fowlplaces.com/zags/GoZagsTinySignGuyGlassesColor.png

  16. #16
    Join Date
    Feb 2007
    Location
    Spokane Valley
    Posts
    8,048

    Default Congratulations --Perkins signs with Charlotte Hornets


  17. #17
    Join Date
    Mar 2009
    Location
    SoCal
    Posts
    159

    Default

    Way to go Josh!

  18. #18
    Join Date
    Aug 2012
    Location
    Spokane, Wa.
    Posts
    661

    Default

    - super great news!
    - congratulations josh!

    - details of contract will be interesting to learn, but regardless.........feel so good for josh.

  19. #19
    Join Date
    Jun 2008
    Posts
    5,152

    Default

    Well son of a gun. Nice going Josh!

  20. #20
    Join Date
    Feb 2007
    Location
    Napa, CA
    Posts
    4,386

    Default

    Sweet! Congratulations to Josh!
    I will thank God for the day and the moment I have. - Jimmy V

  21. #21
    Join Date
    Feb 2007
    Location
    Colville, Wa.
    Posts
    13,820

    Default

    Congratulations Josh!!


    You've earned it.
    This post is for March Madness seeding purposes only.

  22. #22
    Join Date
    Jan 2010
    Posts
    7,137

    Default

    Imo...he is going to play for 10 years or more for what most of us would consider a lot of money....if not there...... somewhere.....

  23. #23
    Join Date
    Jun 2007
    Location
    Tri-Cities
    Posts
    1,883

    Default

    Wonderful news! Way to go, Josh!!
    “When I get a little money I buy books; and if any is left I buy food and clothes.”

    ~ Desiderius Erasmus

  24. #24
    Join Date
    Mar 2008
    Location
    Lacrosse, Washington
    Posts
    6,629

    Default

    that is SOOOOO awesome
    Basketball...The Toy Department of Life

    Don't mess wth happy...Coach Few

  25. #25
    Join Date
    Feb 2007
    Location
    Spokane Valley
    Posts
    8,048

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •