The Mavericks have previously announced that the team has officially signed Dennis Smith Jr. and Earl.
According to famous reporter Keith Smith today, both players signed Exhibit 9 contracts with the Mavericks.
Exhibit 9 is a non-guaranteed training camp contract, and it is a clause that allows teams to reduce risks and allow more players to get opportunities. According to NBA regulations, if a player with an insured contract is injured while playing for the team, his contract for the season will begin to be transferred to security, and the team will pay him on schedule until he gets healthy (or pays until the end of the season). This rule has hit the enthusiasm of teams to sign off the offseason. Even if they can have up to 20 players during the preseason, they don’t necessarily want to sign more people, because the last few players signed are asked to compete for the team’s last one or two rosters. They are not sure that they want to play for the team in the new season. If these players are injured during training camp or preseason, they will start to raise them, which increases the team’s operating costs. The
Exhibit 9 cleverly solves this problem, which stipulates that if a player holding a training camp contract and having this clause in the contract is injured, the team only needs to pay him $6,000 and then he can be cut.
source:vn 7m