At Hoops Rumors, we track virtually every kind of transaction, including free agent signings, trades, contract extensions, and many more. One form of roster move that has become increasingly common in recent years is the two-way conversion, involving a player either being converted from an Exhibit 10 contract to a two-way deal or from a two-way deal to his team’s standard roster.
We’re going to use the space below to track all of the two-way conversions (either to or from the standard roster) completed in 2025/26.
Exhibit 10 contracts to two-way contracts:
When a player signs a contract during the offseason that includes Exhibit 10 language, he gives his new team the ability to unilaterally convert his deal into a two-way contract. The deadline to convert such a deal is the day before the season begins — this year that was Monday, October 20.
A player who signs a training camp contract that doesn’t include Exhibit 10 language could still sign a two-way deal with his club as long as his camp contract doesn’t include a guarantee exceeding $85,300. However, he’d have to clear waivers before inking that new two-way contract.
Here are the players who had their Exhibit 10 contracts converted into two-way deals in 2025/26:
These players were invited to training camp on Exhibit 10 contracts and ultimately earned two-way slots based on their performances in camp and the preseason. Some were battling with other camp invitees for an open two-way spot, while others won a spot that wasn’t technically available, forcing their respective teams to waive players who had previously been signed to two-way contracts.
With the exception of Harper, who was promoted to the standard roster on October 16, all of these players were converted from two-ways to standard deals on Oct. 18, which was the date most teams set their rosters for the regular season.
No additional names will be added to this list for the rest of the 2025/26 season, since players can’t be converted to two-way deals after the regular season begins.
Two-way contracts to standard contracts:
A player who is on a two-way contract can have his deal unilaterally converted a one-year, minimum-salary contract by his team (or a two-year, minimum-salary contract if the player’s two-way deal covers two years, though this is rare).
Generally though, the team’s preference is to negotiate a longer-term contract with the player in order to avoid having him reach free agency at season’s end.
When converting a player from a two-way contract to the standard roster, the team can use cap room or the non-taxpayer mid-level exception to negotiate a deal of up to four years; the room exception for a deal up to three years; or the taxpayer mid-level exception, bi-annual exception, or minimum salary exception for a two-year deal.
For any contract that is worth more than the minimum or exceeds the number of years left on the player’s two-way pact, the player must agree to the terms — a team can’t complete that sort of deal unilaterally.
Here are the players who have been converted from two-way deals to standard contracts so far in 2025/26, along with the terms of their new contracts, in chronological order:
- Keaton Wallace (Hawks): One year, minimum salary (story). Partially guaranteed ($318,217). Signed using minimum salary exception.
Players on two-way contracts can be converted to standard deals until the last day of the regular season, so this list will continue to grow until April 12.
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