DJ Steward‘s new deal with the Kings is a one-year, minimum-salary contract, but it doesn’t include Exhibit 10 language, Hoops Rumors has learned. It’s a standard contract that features a small partial guarantee worth $50K.
If Steward is eventually waived, he would still be eligible to play for the Stockton Kings, Sacramento’s G League affiliate, since his guarantee doesn’t exceed $50K. So the most tangible difference between Steward’s deal and an Exhibit 10 contract is that Sacramento won’t have the option of converting it into a two-way contract. The former Duke guard isn’t ineligible to sign a two-way deal with the Kings, but he would have to pass through waivers first.
Here are a few more contract details from around the NBA:
- Maxi Kleber‘s new three-year extension with the Mavericks is fairly straightforward — it features $11,000,000 annual base salaries in each of the three seasons and doesn’t include any bonuses or options years. Kleber’s extension will begin in 2023/24.
- The contracts signed with the Cavaliers by Jamorko Pickett and Chandler Vaudrin are Exhibit 10 deals, Hoops Rumors has learned. Both of Cleveland’s two-way slots are currently full, so Pickett and Vaudrin could end up becoming affiliate players for the Cleveland Charge, the Cavs’ G League team.
- In case you missed it, we’re tracking each team’s players with partially guaranteed and non-guaranteed contracts, including Exhibit 10 deals, right here.