8:41pm: The Nuggets have signed both players to training camp contracts, according to a team press release.
10:37am: The Nuggets have reached contract agreements with a pair of undrafted free agents, according to Mike Singer of The Denver Post, who reports (via Twitter) that rookie shooting guards Andrew Funk and Armaan Franklin will sign Exhibit 10 deals with the team.
Funk spent four years at Bucknell before transferring to Penn State for his final college season. He averaged 12.5 PPG and shot 41.2% on three-pointers as a “super-senior” in 2022/23. Of his 351 total field goal attempts, 272 came from beyond the arc.
Franklin spent two years at Indiana and then two at Virginia before forgoing his final season of NCAA eligibility. In 2022/23, he averaged 12.4 PPG and 4.1 RPG with a .373 3PT% in 33 games (29.5 MPG). His Exhibit 10 agreement with the Nuggets was first reported shortly after the draft.
Both Funk and Franklin played for Denver’s Summer League team in Las Vegas this month. Although neither had a significant role, the Nuggets apparently liked what they saw enough to add the duo to their training camp roster.
The Nuggets will have 15 players on guaranteed standard contracts and three on two-way deals once they complete their reported signings, so there probably won’t be room for Funk or Franklin on the regular season roster.
Funk and Franklin may end up becoming affiliate players for Denver’s G League team, the Grand Rapids Gold. Their Exhibit 10 agreements would make them eligible for bonuses worth up to $75K as affiliate players.