The Charlotte Hornets announced today that guards Joe Chealey and Josh Perkins signed with the team.
The team did not disclose the nature of the contracts, but if I had to guess, they’re probably Exhibit 10 contracts. For those of you unfamiliar, Exhibit 10 contracts are typically non-guaranteed deals that give the player a bonus for signing with an NBA team’s G League affiliate upon being released by the NBA team. It’s a way to keep guys in the system.
Joe Chealey spent some time with the Hornets last season on a two-way deal.