OCTOBER 12: The Nets have officially signed Williams, tweets Brian Lewis of The New York Post.
JUNE 24: Donovan Williams has agreed to a contract with the Nets, Jake Weingarten of Stockrisers.com tweets. It’s an Exhibit 10 deal, JD Shaw of Hoops Rumors reports (Twitter link).
The 6’6” wing averaged 12.7 PPG and 3.3 RPG as a junior at UNLV last season, knocking down 43.6% of his 3-point attempts. Williams played his first two college seasons with Texas.
An Exhibit 10 is a one-year, non-guaranteed minimum-salary contract that counts toward a team’s 20-man offseason roster limit, but doesn’t count against the cap unless the player makes the regular season roster.
A player on an Exhibit 10 contract can earn a bonus of up to $50K if he’s waived and then joins his team’s G League affiliate.