Jeffrey Carroll wasn’t selected in last week’s NBA Draft, but his professional career is still off and running after agreeing to an Exhibit 10 deal with the Los Angeles Lakers.
Exhibit 10 agreements are partially guaranteed contracts that, as we noted previously, are plenty confusing. But the long and short is that Carroll is in line for a hefty bonus if he signs a contract with the Lakers’ G League squad. That’s no guarantee, but it’s a foot in the door to work his way up.
Via the Arizona Daily Star, here’s what Carroll has signed up for and is eligible to receive as a part of his deal:
- Players can be given bonuses ranging from $5,000 to $50,000 for attending summer league and fall training camp.