Jeffrey Carroll did not get drafted on Thursday in the 2018 NBA Draft, but he does have a new home. The Los Angeles Lakers have signed Carroll to an Exhibit 10 contract, and he will be in camp with them this summer.
The Los Angeles Lakers and Jeffrey Carroll (Oklahoma State) have agreed to an Exhibit 10 deal, a league source told The Athletic.
What is an Exhibit 10 contract? Glad you asked! Here is something on it from Bobby Marks of ESPN written in September 2017.
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.