The Spurs have signed point guard London Perrantes, according to RealGM’s official transactions log.
It’s likely that Perrantes’ deal is an Exhibit 10 contract, which is a non-guaranteed one-year, minimum salary pact that allows a player to make a bonus of up to $50K if he is waived and remains on the franchise’s G League squad for at least 60 days.
The Virginia product has not appeared in the NBA since a cup of coffee with the Cavaliers during the 2017/18 season when he suited up for 14 games as one of Cleveland’s two-way players.
After a series of Summer League stops, Perrantes was picked up by the Wizards’ G League affiliate Capital City Go-Go in January this year. The Go-Go hold Perrantes’ G League rights so the Austin Spurs (Spurs’ NBAGL affiliate) would have to acquire them.