Tests, COVID cases and gaps in the roster are the reasons why clubs use 10-day contracts more often. The current situation is a paradise for freelancers who can earn a fortune by appearing in just three matches.
Over $ 150,000 in 10 days
Joe Johnson is a six-time participant in the all-star match (elected seven times, one absent due to injury), with several years of experience in the NBA. The 40-year-old will return to the dance floor after more than two years, as it has signed a 10-day contract with him. The veteran, due to his vast experience, will earn 150,000 dollars on it, although he will probably play only a few minutes for the Celts.
Where did such amounts come from? The value of the 10-day contract is correlated with the experience in the NBA. If the player signing the contract has played for more than 10 years in the league, he will earn $ 151,821, if he has zero experience, he will receive over $ 100,000 less. Below you can see the table prepared by the hoopsrumors portal.
What is the 10-day contract?
10-day contracts have recently become even more popular in the NBA. Isaiah Thomas and Darren Collison in the Los Angeles Lakers, Greg Monroe in the Minnesota Timberwolves, and Lance Stephenson in the Atlanta Hawks. We have had a flood of contracts of this type this season. This is due to staff shortages caused mainly by COVID cases and the quarantine of players.
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Clubs more and more often decide to sign short-term contracts. How do they work? The contract is valid for 10 days and can only be signed for the regular season. A team may conclude a maximum of two such contracts with the same player in one season. If he wants to keep him for longer, he has to sign a contract with him until the end of the ongoing competition.
The rules for 10-day contracts are simple. Such contracts can only be signed by free players looking for a club. Currently, the league has changed the rules a bit and allows you to contract players earlier. In previous years, there was a rule that 10-day contracts were valid only after January 5.
Source: Sport
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
