The Heat have signed undrafted former Colorado State guard Isaiah Stevens, Miami announced in a team press release.
According to Anthony Chiang of The Miami Herald (Twitter link), Stevens’ new contract is an Exhibit 10 deal.
The six-footer, a five-time All-MWC honoree during his tenure with the Rams, finished his college career as Colorado State’s all-time leading scorer (with 2,350 career points) and passer (863 career assists), while also making the most three-pointers (253) in team history.
Last season, Stevens averaged 16.0 points per game on a .474/.440/.836 shooting line. He also dished out 6.8 dimes, pulled down 6.8 boards, and swiped 1.2 steals per night.
At present, all three of the Heat’s two-way player slots are occupied. Stevens is the team’s second reported Exhibit 10 signing, along with Bryson Warren.
An Exhibit 10 contract is a non-guaranteed minimum-salary deal that doesn’t count against a team’s cap unless the player makes the regular season roster. It can be converted to a two-way contract before the season begins or can put a player in line to earn a bonus of up to $77.5K if he’s waived and then spends at least 60 days with his team’s G League affiliate.