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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.

Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.

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A 10-day contract is exactly what it sounds like: a contract allowing a player to join an NBA team for 10 days or three games, whichever comes first. After this period, the team can decide to extend the contract for another 10 days or let the player go.
Rookies are eligible to sign extensions starting from the end of their third season up until the day before the first regular season game of their fourth season, this season being October 21, 2024. The contract limits are 5 additional years and up to 25% of the salary cap (or 30% if they meet certain requirements).
What Are Contract Extensions? A contract extension is an agreement between the original contracting parties to extend the terms of their existing contract for a further period of time. The period for which the extension is granted is set out in the renewal agreement.
Los Angeles Lakers Contracts Player (18)PosStart Doncic Luka Doncic PG 2022 James LeBron James PF 2024 Finney-Smith Dorian Finney-Smith PF 2022 Reaves Austin Reaves SG 202314 more rows
Doncic, 25, is currently on a five-year $215 million contract, which transfers with him to the Lakers and gives him an average annual salary of $43 million. It is set to expire at the end of the 2026-2027 season, but he could choose to opt out at the end of the 2025-2026 season.
Los Angeles Lakers Contracts Player (18)PosAge At Signing Doncic Luka Doncic PG 22 James LeBron James PF 39 Finney-Smith Dorian Finney-Smith PF 28 Reaves Austin Reaves SG 2512 more rows
A 2-way contract in the NBA allows players to split time between the NBA team and its G League affiliate. Introduced in 2017, these contracts enable emerging players, like rookies or those with fewer than four years of NBA experience, to gain crucial experience while benefiting from exposure to professional gameplay.
No one had a trade deadline week quite like the Los Angeles Lakers. They pulled off one of the most surprising and consequential trades in NBA history by trading Anthony Davis, Max Christie and a 2029 first-round pick for Luka Dončić, Maxi Kleber and Markieff Morris on Feb. 1.