Former Kentucky Wildcat turned Michigan transfer, Charles Matthews, has signed an Exhibit 10 contract with the Cleveland Cavaliers which includes an invite to their training camp.
Matthews spent one season in Lexington, where he played in 36 games before transferring for two seasons at Michigan. After going undrafted in the 2019 NBA Draft, today he finally get his chance in the league.
Exhibit 10 deals are one-year contracts for the league minimum salary, which come with an optional bonus of up to $50,000 if the player doesn’t make it in camp but is assigned to the team’s G League affiliate. A player with an Exhibit 10 clause can also be converted to a two-way contract by the first day of the regular season. In that case, the bonus would be rescinded and the parameters of the two-way contract apply.
As many associate him with Michigan (rightfully so) rather than Kentucky, we still like to support any of our former players.