Alessandro Gentile, Houston Rockets did not agree to a deal
Gentile was offered a two-way contract while he wants to sign an exhibit 10.
Alessandro Gentile is not in Houston Rockets’ training camp roster because the two sides did not reach an agreement on the contract.
Gentile was offered a two-way contract while he wants to sign an exhibit 10.
The two sides have till October 15 to reach an agreement. Gentile could sign the Rockets’ offer in the very last day and then being waived by the franchise which would lose the rights to him.
A player who is signed to a contract with an Exhibit 10 will receive a bonus up to $50,000 if he signs a contract with the team's G League affiliate upon being waived from the parent club.
However, there is a catch. A player waived by Oct. 17 must report to his G League affiliate by Oct. 20 and remain there for at least 60 days to receive the bonus (in addition to the G League salary). Unlike last season, when a team would incur a salary-cap hit for players with partially guaranteed money who were eventually waived at the end of training camp, an NBA team will not have a cap charge for the bonus money awarded.
A player signed with an Exhibit 10 can also be converted to a two-way contract by the first day of the regular season. The bonus would then be rescinded and the two-way contract would apply.
Gentile was offered a two-way contract while he wants to sign an exhibit 10.
The two sides have till October 15 to reach an agreement. Gentile could sign the Rockets’ offer in the very last day and then being waived by the franchise which would lose the rights to him.
A player who is signed to a contract with an Exhibit 10 will receive a bonus up to $50,000 if he signs a contract with the team's G League affiliate upon being waived from the parent club.
However, there is a catch. A player waived by Oct. 17 must report to his G League affiliate by Oct. 20 and remain there for at least 60 days to receive the bonus (in addition to the G League salary). Unlike last season, when a team would incur a salary-cap hit for players with partially guaranteed money who were eventually waived at the end of training camp, an NBA team will not have a cap charge for the bonus money awarded.
A player signed with an Exhibit 10 can also be converted to a two-way contract by the first day of the regular season. The bonus would then be rescinded and the two-way contract would apply.
E. Carchia
@Sportando
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