Open Thread: Spurs sign and waive Khyri Thomas

Khyri Thomas was signed and waived by San Antonio earlier this week, as reported by Jeff Garcia.

It appears that Thomas will spend the season in Austin with the G-League affiliate Spurs after he signed an Exhibit 10 contract last Friday and was then waived.

An Exhibit 10 contract is a one-year deal that guarantees a training-camp invitation. Exhibit 10 players get bonuses of up to $50,000 to sign with a team’s G-League affiliate if waived. They have to play for the affiliate for at least 60 days to get paid. Any bonus will not affect the Spurs salary cap.

Exhibit 10 attachments allow the NBA team to convert a player’s one-year, minimum contract into a two-way contract but this has to occur prior to the start of the regular season. That said, the Spurs have both two-way contracts accounted for in Quinndary Weatherspoon and Keita Bates-Diop, who are both out for today’s game in Houston.

Thomas was drafted in 2018 by the Philadelphia 76ers in the second round. A quick Twitter search of “khyri thomas” and “spurs” finds the former Creighton Bluejay as highly predicted to go to the Spurs in the 18th pick of the 2018 draft (the Spurs chose Lonnie Walker IV).

Khyri was traded in the summer of 2018 from the 76ers to the Pistons, where he played two seasons in Detroit. He was recently waived by the Atlanta Hawks after being traded along with Tony Snell for former Spurs center Dewayne Dedmon.

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