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Lawson Lovering, Grizzlies Agree To Exhibit 10 Deal

July 28th, 2025 at 10:36am CST by Luke Adams

Rookie free agent center Lawson Lovering has agreed to an Exhibit 10 deal with the Grizzlies after suiting up for the team during the Salt Lake City and Las Vegas Summer Leagues, reports Jon Chepkevich of DraftExpress (Twitter link).

Lovering, who went undrafted in June, spent the past two seasons at the University of Utah after starting his college career at Colorado from 2021-23. As a senior in 2024/25, he started all 28 games he played for the Utes, averaging 8.4 points, 4.9 rebounds, and 2.7 assists in 23.8 minutes per game.

The seven-footer appeared in a total of seven games for the Grizzlies’ Summer League team in SLC and Vegas, averaging 3.4 PPG and 3.1 RPG in 12.9 MPG while making 62.5% of his field goal attempts.

Exhibit 10 contracts can be converted into two-way deals prior to the NBA regular season. A player who signs an Exhibit 10 contract also becomes eligible for a bonus worth up to $85,300 if he’s waived and then spends at least 60 days with his team’s G League affiliate, so Lovering could end up joining the Memphis Hustle this fall.

JD Davison Signs Two-Way Contract With Rockets

July 26th, 2025 at 9:53pm CST by Arthur Hill

9:53 pm: Davison has signed a two-way contract, per NBA.com’s transaction log. It will be a one-year deal, since Davison is entering his fourth NBA season.

8:33 pm: JD Davison, who was waived by the Celtics on Thursday, has agreed to a contract with the Rockets, agent Corey Marcum of EZ Sports Group tells NBA insider Chris Haynes (Twitter link).

Houston doesn’t have enough room under its first-apron hard cap to offer a standard contract, so Davison could receive a non-guaranteed Exhibit 10 deal. As a three-year veteran, he is still eligible for a two-way contract, so he’ll have a chance to compete in training camp for one of the Rockets’ openings.

The 22-year-old combo guard got into a combined 36 games during his three seasons in Boston after being selected with the 53rd pick in the 2022 draft. He played on two-way contracts the entire time before being converted to a standard deal on the final day of last season.

The Celtics exercised their 2025/26 team option on Davison in late June, but his $2.27MM salary for next season was non-guaranteed. He wound up being a casualty of Boston’s cost-cutting mission in an effort to move below the second apron.

Davison earned G League MVP honors with the Maine Celtics last season. In 45 total games, he averaged 25.6 points, 7.7 assists, 5.1 rebounds and 1.4 steals in 34.6 minutes per night with .482/.332/.762 shooting numbers.

Isaiah Crawford Joins Rockets On Two-Way Deal

July 26th, 2025 at 9:47pm CST by Arthur Hill

The Rockets have signed small forward Isaiah Crawford to a two-way contract, agent Andre Buck tells Michael Scotto of HoopsHype (Twitter link).

Crawford, 23, signed a two-way deal with Sacramento last summer after going undrafted out of Louisiana Tech. He became an unrestricted free agent on Friday when the Kings withdrew their two-way qualifying offer. Because the deadline to unilaterally withdraw the offer was July 13, Crawford had to grant his consent.

Crawford saw limited action in 15 NBA games last season, but he put up big numbers in the G League. In 37 games with the Stockton Kings, he averaged 13.0 points, 5.3 rebounds, 2.6 assists, 1.3 blocks and 1.2 steals in 31.5 minutes per night with .471/.401/.789 shooting numbers.

Once his new contract is finalized, Crawford will join Kevon Harris as two-way players in Houston. Center N’Faly Dante has received a qualifying offer that is equivalent to another one-year, two-way deal, and former Celtic JD Davison may also be in the mix for a two-way spot.

Lakers Sign Four Players To Exhibit 10 Contracts

July 26th, 2025 at 3:58pm CST by Luke Adams

The Lakers have added four players to their offseason roster, announcing today (via Twitter) that guards RJ Davis and Augustas Marciulionis and forwards Eric Dixon and Arthur Kaluma have officially signed with the club. All four players received Exhibit 10 contracts, according to Dave McMenamin of ESPN (Twitter link).

All four of these players are undrafted rookies who reached agreements to join the Lakers shortly after the draft wrapped up in June, so none of the signings come as a surprise. However, it’s worth noting that reporting last month suggested that Dixon would get a two-way contract — instead, he has joined the team on an Exhibit 10 deal.

Dixon was the top prospect on ESPN’s big board who went undrafted having been ranked 44th overall prior to the draft. The 6’8″ lefty led all Division I players in scoring in 2024/25, putting up 23.3 points per game on .451/.407/.813 shooting splits in 35 appearances for Villanova (34.8 MPG). He also chipped in 5.1 rebounds per contest en route to third-team All-American honors.

According to Dan Woike of The Athletic (Twitter link), Dixon didn’t play for the Lakers’ Summer League team due to a foot injury — that may also be the reason why he ultimately signed an Exhibit 10 contract instead of a two-way deal. Since Exhibit 10s can be converted to two-way contracts before the start of the regular season, it remains possible that Dixon will get a promotion at some point.

Davis, a six-foot guard who earned ACC Player of the Year honors for the 2023/24 season, averaged 17.2 points and 3.6 assists per game for North Carolina as a super-senior in ’24/25.

A two-time WCC Player of the Year, Marciulionis averaged 14.2 PPG, 5.9 APG, and 4.1 APG in 35 outings last season for Saint Mary’s. The 6’4″ Lithuanian guard posted shooting splits of .446/.347/.793.

Kaluma, a 6’7″ wing, registered averages of 12.3 PPG, 7.5 RPG, and 1.8 APG during his final NCAA season for Texas, with a shooting line of .462/.359/.784. Prior to his Longhorns stint, Kaluma also suited up for Creighton and Texas State.

Exhibit 10 contracts are non-guaranteed but include bonuses worth up to $85,300 if the player is waived and then spends at least 60 days with his team’s G League affiliate.

Clippers To Sign TyTy Washington Jr.

July 26th, 2025 at 1:48pm CST by Luke Adams

The Clippers and free agent guard TyTy Washington Jr. have reached an agreement on a one-year deal, agent Kevin Bradbury tells Shams Charania of ESPN (Twitter link).

While Charania doesn’t mention any financial details, the Clippers are right up against a first-apron hard cap and can’t currently sign a free agent to a standard contract. That suggests Washington will be getting a non-guaranteed Exhibit 10 deal, which wouldn’t count against the cap.

Washington, 23, was the 29th overall pick in the 2022 draft, but played a limited role across 31 outings for the Rockets as a rookie and was traded twice during the 2023 offseason – from Houston to Atlanta to Oklahoma City – before being waived by the Thunder. He subsequently spent his second season on a two-way contract with Milwaukee and his third year on a two-way deal with Phoenix.

Washington has made a total of 58 regular season appearances since entering the league, averaging 3.3 points, 1.2 assists, and 1.1 rebounds in 10.5 minutes per game, with a shooting line of .347/.234/.542. He has performed much better in the G League, putting up 21.7 points and 7.4 assists per game with a .414 3PT% in 32 games last season for the Valley Suns.

As a three-year veteran entering his fourth NBA season, Washington remains eligible for a two-way contract, so it’s possible he could claim one of the Clippers’ two-way spots (which are occupied for now) with a strong showing in training camp. Otherwise, he may end up as an affiliate player for the San Diego Clippers, L.A.’s G League team.

Heat, Gabe Madsen Agree To Exhibit 10 Deal

July 26th, 2025 at 1:32pm CST by Luke Adams

Undrafted rookie shooting guard Gabe Madsen has agreed to sign an Exhibit 10 contract with the Heat, reports Jon Chepkevich of DraftExpress (Twitter link).

Madsen spent the past four years playing for the University of Utah. In his final college season in 2024/25, he averaged 15.2 points, 2.6 rebounds, and 2.5 assists in 29.7 minutes per game across 33 outings (all starts), with a .371/.322/.854 shooting line.

Those subpar shooting numbers were uncharacteristic for Madsen, who had made 38.2% of his career three-point tries prior to last season. He showed off his long-range ability this month while playing for the Warriors at the California Classic and Las Vegas Summer Leagues, averaging 9.2 PPG with a .519 3PT% in just 14.0 MPG across six appearances.

As Chekpevich notes, Madsen’s best performance came in Vegas vs. Utah, when he racked up 22 points and made six three-pointers in less than 17 minutes of action.

An Exhibit 10 contract is a one-year, minimum-salary deal that is fully non-guaranteed and doesn’t count against the salary cap unless the player makes his team’s regular season roster. They can be converted into two-way deals prior to the start of the regular season. They also make a player eligible to earn a bonus worth up to $85,300 if he’s waived and then spends at least 60 days with his team’s G League affiliate.

Magic Sign Jamal Cain To Two-Way Contract

July 25th, 2025 at 7:10pm CST by Eli Cohen

The Magic have signed free agent forward Jamal Cain to a two-way contract, reports Jason Beede of the Orlando Sentinel (via Twitter).

Orlando confirmed the signing in a press release (via Twitter).

Cain played 37 games for the Pelicans last season, averaging 5.3 points and 2.3 rebounds in 13.6 minutes per contest. His shooting line was .430/.325/.680.

The 26-year-old spent the previous two seasons with the Heat after going undrafted in the 2022. Over 44 games in Miami (11.3 MPG), Cain averaged 4.4 PPG and 2.0 RPG on .490/.353/.778 shooting splits.

After previously signing Orlando Robinson to a two-way deal, the Magic have one more two-way spot open. Orlando recently had Ethan Thompson on a two-way deal, but waived him earlier in the week.

Sixers Waive Ricky Council IV

July 25th, 2025 at 4:13pm CST by Eli Cohen

The Sixers are waiving Ricky Counci l IV, the team announced in a press release (via Twitter).

Council signed a four-year, partially guaranteed deal with the Sixers in 2024, which included a non-guaranteed $2,221,677 salary for the 2025/26 season and a team option for ’26/27. Last season, he averaged 7.3 points, 2.9 rebounds, and 1.3 assists in 17.1 minutes per night.

As Kyle Neubeck of PHLY Sports notes (via Twitter), the timing of the move was unexpected, given that Council’s guarantee date is on January 10, 2026, and the team currently has an open roster spot if they need it to add restricted free agent Quentin Grimes.

While Council struggled with his three-point shot last season, he emerged as a reliable depth contributor, playing a team-high 73 games while bringing athleticism and energy from the wing positions.

Philadelphia is now carrying 13 players on standard contracts. Twelve of those 13 are fully guaranteed, while Adem Bona‘s deal has a 50% partial guarantee.

Hornets Sign Antonio Reeves To Two-Way Contract

July 25th, 2025 at 4:07pm CST by Luke Adams

July 25, 4:07 pm: The Hornets have officially signed Reeves and waived Baugh, the team confirmed in a press release.

July 23, 3:11 pm: The Hornets will waive Baugh to make room for Reeves, according to Michael Scotto of HoopsHype (Twitter link).

July 23, 3:03 pm: The Hornets have reached an agreement to sign free agent guard Antonio Reeves to a two-way contract, reports Shams Charania of ESPN (Twitter link).

Reeves, 24, was the 47th overall pick in the 2024 draft and appeared in 44 games as a rookie for the Pelicans, averaging 6.9 points and 1.4 rebounds in 15.0 minutes per game, with a solid shooting line of .456/.395/.800.

The former Kentucky standout also excelled at the G League level, putting up 24.9 PPG and 5.8 RPG on .470/.416/.800 shooting in 11 appearances for the Birmingham Squadron, New Orleans’ affiliate.

It came as a bit of a surprise when the Pelicans opted to waive Reeves earlier this month before his minimum salary for 2025/26 could become guaranteed, but there’s a new group of decision-makers in New Orleans’ front office who weren’t responsible for drafting him last June.

Charlotte doesn’t currently have a two-way slot open, so KJ Simpson, Damion Baugh, or Drew Peterson will need to be waived in order to create an opening for Reeves.

Peterson was just signed last week, which suggests that either Simpson or Baugh – both carryovers from last season – will be the odd man out. For what it’s worth, Simpson earned a spot on the All-Summer League second team, though Baugh played pretty well too for the summer champions in Las Vegas.

Heat Sign Myron Gardner To Two-Way Deal

July 25th, 2025 at 10:55am CST by Luke Adams

10:55 am: The Heat have officially signed Gardner, the team announced in a press release.

9:58 am: Free agent guard/forward Myron Gardner has agreed to sign a two-way contract with the Heat, agent Jake Cohen tells NBA insider Chris Haynes (Twitter link). The deal will cover two seasons, according to Ira Winderman of The South Florida Sun Sentinel (Twitter link).

Gardner, 24, went undrafted out of Little Rock in 2023 and has spent his first two professional seasons playing for the Osceola Magic, Orlando’s G League affiliate. In 50 total appearances for Osceola last season, he averaged 10.0 points, 6.2 rebounds, 1.5 assists, and 1.0 steal in 21.2 minutes per game, with a shooting line of .488/.353/.761.

Gardner impressed the Heat this month with his play at the California Classic and Las Vegas Summer Leagues. In four total outings, he put up 13.2 PPG, 4.2 RPG, 1.8 APG, and 2.8 SPG on .500/.615/1.000 shooting, earning praise from Summer League head coach Eric Glass, who praised the way that Gardner “assaults the paint.”

“He’s so aggressive, he’s so strong going downhill,” Glass said, per Anthony Chiang of The Miami Herald.

As our tracker shows, Gardner will fill the Heat’s second two-way slot, alongside big man Vladislav Goldin. The expectation is that guard Dru Smith will take the team’s third two-way contract sooner or later — Miami gave him a two-way qualifying offer last month.

Gardner will be eligible to appear in a maximum of 50 NBA regular season games in 2025/26 on his two-way deal, which will pay him $636,435.