The Los Angeles Lakers have signed Devontae Cacok and Aric Holman, both of whom are currently playing for their Las Vegas Summer League team.
The Lakers did not announce the terms of the deal, but a league source confirms that both will be on Exhibit 10 contracts (which Cacok has been slated to earn since he was originally brought on).
Per Larry Coon’s invaluable CBA FAQ, an Exhibit 10 contract can be converted into a two-way contract, and also “pay the player from $5,000 to $50,000 if the player is waived by his NBA team, signs with the G-League, is assigned to the NBA team’s G-League affiliate, and stays there at least 60 days.”
Basically, it’s a chance for a team to give a player a bonus for a training camp invite, and potentially incentivize them to stay with their G League affiliate. Exhibit 10 deals are also an opportunity for cheap help, as they don’t count against the salary cap (until and if the players make the opening-day roster).
This means that both will in all likelihood be brought to training camp, and brings the Lakers to three of the six allowable Exhibit 10 contracts per team, as fellow Lakers summer league player Jordan Caroline is also on an Exhibit 10 contract.
Cacok has been one of the few bright spots for the Lakers during their 0-3 stint in Las Vegas so far, averaging 13 points and 9.3 rebounds while shooting 58% in 22.3 minutes per game. Whether it’s in the G League for South Bay or in a surprise opportunity at the NBA level, if Cacok can bring the energy he’s brought in Las Vegas he’ll have a chance to find some success as a finisher and rebounder around the rim.
Holman has averaged 5.3 points and 4.3 rebounds in 17 minutes for the Lakers in Las Vegas. The stretch four shot 38.2 percent from behind the arc in college, but his long-range touch has gone dry in the desert so far. It seems the team still believes in his potential, and will give him an opportunity to impress either the G League or NBA teams’ front offices in training camp.
Cacok and Holman will next take the floor for the Lakers on Wednesday, July 10 at 6:30 PT when the Lakers take on the New York Knicks in the Thomas and Mack Center in Las Vegas.
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