As initially reported by Blake Murphy of Sportsnet.ca, the Raptors used exactly $1.5MM of their mid-level exception to sign rookie big man Christian Koloko to a three-year contract on Friday. With the second and third years worth the minimum, Koloko’s deal has a total three-year value of $5,239,563.
The first two years of that contract are fully guaranteed, Hoops Rumors has learned, with the third year non-guaranteed. Koloko’s salary for 2024/25 would become fully guaranteed if he hasn’t been waived within 48 hours of the 2024 NBA draft.
Here are a few more details on newly-signed contracts from around the NBA:
- The new one-year, non-guaranteed contracts for Bruno Caboclo (Celtics), Chris Silva (Hawks), and Justin Tillman (Nuggets) all include Exhibit 10 language. Silva’s and Tillman’s deals could be converted into two-way contracts, but Caboclo’s can’t, since he has too many years of NBA service to be two-way eligible.
- Yuta Watanabe‘s one-year, non-guaranteed contract with the Nets includes an Exhibit 9 clause, but not an Exhibit 10. That essentially means that Watanabe is only in the mix to compete for a regular season roster spot and probably won’t be joining Brooklyn’s G League affiliate if he’s cut (he’s ineligible for a two-way deal).
- Alize Johnson‘s non-guaranteed contract with the Spurs is an Exhibit 9, but not an Exhibit 10. Tommy Kuhse‘s deal is an Exhibit 10, so he could have it converted into a two-way deal or could become an affiliate player for the Austin Spurs.