The Spurs are signing free agent guard Nate Renfro to an Exhibit 10 contract, a source tells Anthony Slater of The Athletic (Twitter link).
Renfro, who went undrafted in 2019 out of San Francisco, spent the 2019/20 season recovering from a torn ACL, then played for the Austin Spurs – San Antonio’s G League affiliate – during the 2021 NBAGL bubble season.
Although he didn’t provide much offense (4.4 PPG on .422/.150/.417 shooting), Renfro contributed in other ways, averaging 5.3 RPG, 3.8 APG, 1.9 BPG, and 1.4 SPG in 15 games (24.9 MPG). He subsequently suited up for the Spurs’ Summer League team in Las Vegas this August as well.
Based on the terms of Renfro’s deal, it sounds like he’ll likely just be on San Antonio’s 20-man roster briefly before returning to Austin for the 2021/22 season. The Exhibit 10 language in his contract would put him in line for a bonus worth up to $50K if he spends at least 60 days with the Spurs’ G League squad.
Since the Spurs have two openings on their 20-man roster, no corresponding move will be required to sign Renfro.