With creative contracts, Allonzo Trier, Rawle Alkins optimistic about long-term NBA chances
Allonzo Trier and Rawle Alkins both hope to have found the springboard to healthy NBA careers. Trier signed a deal with the New York Knicks, while Alkins reportedly has a deal with the Toronto Raptors. Bruce Pascoe breaks them both down and what each deal means.
New York the 'best fit' for Allonzo Trier; Rawle Alkins upbeat
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Former Arizona guard Allonzo Trier and the New York Knicks agreed to a two-way contract, which could pay between $75,000 and $275,000.
NEW YORK — In the early morning hours Friday, after becoming one of five players to leave Arizona under Sean Miller with eligibility remaining and not get selected in the NBA draft, Rawle Alkins posted an upbeat message on Twitter.
“Make 'em believe…” Alkins posted. “All good! It’s not how you start, it’s how you finish! Summer of separation time. #savagelife.”
Make em believe...💯 All good! It’s not how you start it’s how you finish! Summer of separation time 🔑 #SAVAGELIFE
— Rawle Alkins (@Iam_RawleAlkins) June 22, 2018
While he made a surprise drop out of the draft at his hometown Barclays Center, Alkins has reason to believe. Thanks in part to the buildup of the NBA’s G League and a pair of creative new contract options, there are options for undrafted players to remain in North America and get regular looks at starting that NBA career.
While Alkins reportedly agreed to what is known as an “Exhibit 10” contract that gives him a $50,000 bonus with a chance to make the Toronto Raptors, UA guard Kobi Simmons is a poster child for the “two-way” contract that Allonzo Trier agreed to with the New York Knicks.
Two-way contracts offer players between $75,000 and $275,000 depending on the amount of time they spend with their NBA club, up to 45 days. Simmons played 32 games with the Grizzlies, ensuring he finished on the high end of that salary total.
UA guard Kadeem Allen also signed a two-way contract after being drafted No. 53 overall by the Boston Celtics last season. He played 18 games for the Celtics last season and spent the rest in the G League.
Arizona's Rawle Alkins signed an Exhibit 10 contract with the Toronto Raptors after going undrafted.
Trier could have a similar opportunity with the Knicks next season, which is likely a major reason why he chose New York over the other offers he received.
Trier’s agent, James Dunleavy, said via text message on Friday that Trier had “multiple teams” offering to draft him in the second round and sign him to a two-way deal.
“But we felt New York was the best fit for him and they showed the most interest of anyone during the predraft process, so going undrafted and signing with them was the best option for him,” Dunleavy said. “He had multiple two-way offers elsewhere and we agreed that New York was the best fit for him. He’s excited to get to New York and show them what he’s capable of.”
Dunleavy said the Knicks even gave strong consideration to drafting Trier at No. 36, though they chose Mitchell Robinson.
It was less clear how or if Alkins came to an agreement with Toronto. Attempts to reach his agents have been unsuccessful, and Alkins did not respond to messages seeking comment this week. Sports Illustrated first reported that Alkins agreed to terms with Toronto, and Raptors Republic said it was an Exhibit 10 contract.
Two-way contracts
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Kadeem Allen (45) shuttled between the Boston Celtics and the G League’s Maine Red Claws as a two-way player in 2017-18.
Kobi Simmons and Kadeem Allen signed two-way contracts last season after leaving Arizona, and Allonzo Trier has agreed to one with New York.
Here’s how they work:
- Players with four years of service or less can sign two-way deals.
- A player can be paid up to $50,000 for attending an NBA training camp.
- He is guaranteed $75,000 if spending the entire season in the G League but can earn up to $275,000 depending on the days spent in the NBA. Two-way players are paid 1/170 of the rookie minimum contract per day ($4,798) they are in the NBA.
- Players with two-way deals essentially take the 16th and 17th roster spots on an NBA team.
- But if they spend more than 45 days in the NBA, they must be cut or converted to a regular contract. Their NBA club must terminate the two-way deal and create one of its 15 conventional roster spots for them.
Exhibit 10 contracts
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Rawle Alkins can earn a bonus of up to $50,000 from his Exhibit 10 deal with Toronto.
Alkins reportedly agreed with the Toronto Raptors to an “Exhibit 10” contract, a new agreement created in the 2017 collective bargaining agreement. Here’s how it works:
- Players can be given bonuses ranging from $5,000 to $50,000 for attending summer league and fall training camp.
- They are otherwise not guaranteed and pay only the minimum NBA salary if a player makes the team.
- If the player is cut, the team has the right to convert the Exhibit 10 to a standard two-way contract.
