Yesterday, Derrick Walton signed a two-way contract with the Miami Heat. I had no idea what a two-way contract was, so I headed over to UMHoops for some clarification:
A two-way contract allows players to split time between a team’s NBA roster and its NBA G-League roster throughout the season. These contracts essentially extend the NBA roster to a 16th and 17th NBA spot and allow a player to spend up to 45 days with the NBA team that signs him, the rest of the time must be spent in the G-League.
Players are paid a salary of $75,000 while with the G-League team — far more than the $26,000 allotted for a one-way G-League deal — and a salary consistent with the NBA rookie minimum of $816,000 while on the NBA roster. That means that a player on a two-way contract can make a total of $279,000 if they spend the maximum allotted 45 days in the NBA.
If you haven't heard, the D-League sold its right to Gatoraide and is now called the G-League. This is great news for Derrick coming off a great finish to his senior year and playing well in the Summer League. I thought he might stick with Orlando but found a home in Florida with the Heat, who are known for finding diamonds in the rough and making them into very good NBA players.
- Zak Irvin also signed a professional basketball contract yesterday with VL Pesaro in the Italian Serie A next season. Good luck to Zak!
- IL 4 star TE Luke Ford visited last weekend and enjoyed his time, per 24/7: "It was amazing," Ford said. "Me and Jim hit it off. I got to talk with him for two hours and could've talked more. Greg Frey was awesome to hangout with. Facilities were nice and loved the campus." Luke and his father say that Michigan is now tied a top of their board with Alabama, Texas, and Georgia. Bama is the presumed leader for Luke.
1 comment:
I was about to ask what the hell the G League was.... It had been repeated too many times to be a typo.
39 days until kick off.... so there's that!
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