Former Howard University guard Steve Settle III signed an Exhibit-10 contract with the Miami Heat. Introduced in the 2017 collective bargaining agreement, an Exhibit-10 contract is a one-year non-guaranteed minimum salary deal. It can also include a bonus of up to $75,000 that kicks in should the player who signed the deal spend at least 60 days with a team’s G-League affiliate. Additionally, this contract can be converted to a two-way deal, which allows a player to split time between an NBA and its G-League affiliate, with a maximum of…
Read MoreFormer Howard Guard Steve Settle III Signs Exhibit 10 Deal With Miami Heat
