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Georgetown’s Omer Yurtseven Signs with NBA Team

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Yurtseven signs Exhibit 10 with OKC

NCAA Basketball: Penn State at Georgetown Brad Mills-USA TODAY Sports

It was reported by Chris Haynes that Omer Yurtseven signed Exhibit 10 contract with the Oklahoma City Thunder.

12up.com describes an Exhibit 10 contract:

An Exhibit 10 contract is a one-year deal worth the minimum salary that guarantees the player will receive a camp invite. [The signee], for instance, can either have his Exhibit 10 converted into a two-way contract, or will be waived.

If he is waived, the player will be offered $50,000 to sign with the G League affiliate of whomever waved them. Provided he stays on the roster for 60 days, he will earn that $50,000 bonus. The Exhibit 10 contract was created to incentivize players to stay in the G League as opposed to going abroad.

An Exhibit 10 contract ensures that Yurtseven would not get just the G League salary if he stays in the U.S.

If Yurtseven does get on an NBA court, Yurtseven will be only the second Georgetown Hoyas player under Patrick Ewing to join the NBA; the other being Marcus Derrickson playing with Golden State on a two-way contract that came out of an Exhibit 10 agreement.

Congratulations, Omer!

HOYA SAXA!