Former NC State All-ACC Guard Dereon Seabron Signs Exhibit 10 Deal with the Pistons

Former NC State All-ACC Guard Dereon Seabron has signed an Exhibit 10 deal with the Detroit Pistons.

The Detroit Pistons and Dereon Seabron have agreed to an Exhibit 10 deal, league sources told @hoopshype. Seabron was a two-way player for the New Orleans Pelicans over the past two seasons. pic.twitter.com/oIamnnVcCJ

— Michael Scotto (@MikeAScotto) September 17, 2024

What is an Exhibit 10 deal?

Here’s what Google’s AI cooked up:

An Exhibit 10 contract is a one-year, minimum salary, non-guaranteed NBA contract that teams can use to bring in players for Summer League competition. The contract can include an optional bonus of up to $75,000 if the player spends at least 60 days with the team’s G League affiliate after being waived.

Conversion to two-way contract: Teams can convert an Exhibit 10 contract into a two-way contract before the regular season begins. This guarantees the bonus and makes the contract a two-way contract.

Maximum number of contracts: Each team can have up to six Exhibit 10 contracts at a time.

Roster spot: If a player is kept on the 15-man roster after the regular season begins, their contract becomes a standard minimum deal.

Compensation protection: Exhibit 10 contracts don’t come with compensation protection.

When the contract becomes fully guaranteed: If the team doesn’t guarantee the deal, it becomes fully guaranteed on January 10. However, in reality, contracts become fully guaranteed on January 7 because players must clear waivers by January 10 to avoid this.

Seabron has been a 2-way player in the New Orleans Pelicans organization the past two seasons. He played in 11 games with the Pelicans over the past two seasons, spending most of his time with the Birmingham Squadron, their G-League affiliate. In 50 games over the past two seasons, Seabron has averaged 17.9 points, 5.6 assists and 5.5 rebounds with the Squadron, shooting 52.7% from the field, and 36.4% from three.

In 2022, Seabron earned 2nd Team All-ACC honors at NC State, averaging 17.3 points, 8.2 rebounds and 3.2 assists.