LiAngelo Ball recently signed a non-guaranteed free agent contract with the Charlotte Hornets. The contract is a an Exhibit 9 contract, which stipulates a one season, non-guaranteed training camp deal.
In 2020, LiAngelo signed an Exhibit 10 contract with the Detroit Pistons, and was ultimately waived 12 days later.
The purpose of this article is to provide an explanation of LiAngelo’s contract and what the two types mean.
What is an Exhibit 9 NBA contract?
An Exhibit 9 is a non-guaranteed camp deal that allows teams to fill up their rosters up to 20 players through the preseason. The contracts don’t count against the cap during the preseason, and offer teams some protection in the event of an injury. Normally, a team is responsible for an injured player’s full salary for the current season (or until he recovers).
What is an Exhibit 10 NBA contract?
An Exhibit 10 contract is similar to an Exhibit 9 contract. Exhibit 10s allow a franchise to convert an eligible player (specifically on a non-guaranteed one-year minimum) to a two-way contract. Additionally, Exhibit 10s allow for a bonus worth up to $50K if a player is waived and then spends at least 60 days with the team’s G-League affiliate.
LiAngelo Ball‘s Charlotte Hornets Contract Amount
As previously stated, LiAngelo signed a non-guaranteed Exhibit 9 deal. The deal is a one-year, $1,017,781 minimum contract. This is technically LiAngelo’s third NBA contract. His first was a one-year, $898,310 Exhibit 10 deal with Detroit. His second, was another one-year Exhibit 10 contract worth $925,258 with the Hornets last year.
The Hornets will cut their roster from 20 to 17, and eventually 15. LiAngelo seeks to earn an official spot with the Hornets following preseason or sometime this season.