Dejan Vasiljevic signs deal with the Washington Wizards

Jed Wells

Dejan Vasiljevic signs deal with the Washington Wizards image

The NBA's Australian revolution has continued, with sharp-shooter Dejan Vasiljevic signing a one-year Exhibit 10 contract with the Washington Wizards. 

26 years old, Vasiljevic spent the first three years of his professional career with the Sydney Kings in the NBL, winning back-to-back championships in 2021-22 and 2022-23. 

After a strong showing at the NBA Summer League for Washington, the Wizards have rewarded Vasiljevic with a proper NBA shot. 

Dejan Vasiljevic signs Exhibit 10 contract

Vasiljevic was impressive in limited minutes for the Wizards at Summer League, highlighted by a 14-point explosion in 11 minutes.

This led to the Wizards signing the Australian guard to a one-year, minimum salary Exhibit 10 contract that allows the team to convert to a two-way contract. 

MORENBA Two-Way and Exhibit 10 contracts, explained

Vasiljevic will join Xavier Cooks, his former Sydney Kings teammate, in Washington, who signed a four-year, $6.1 million deal with the Wizards at the end of the 2022-23 season.

What is an Exhibit 10 contract?

An Exhibit 10 contract is a one-year, minimum salary contract with no other bonuses. The Exhibit 10 attachment gives NBA teams the ability to convert the contract into a Two-Way deal, but only if they do it before the start of the regular season.

They are usually non-guaranteed, allowing teams to waive the player without taking a cap hit. In that situation, the player would earn a bonus of between $5,000 to $50,000 if they remain with the team's G League affiliate for 60 days.

Exhibit 10s are handy to teams for a couple of reasons. For one, they allow the flexibility to either retain the player on a minimum deal or convert the contract to a Two-Way depending on their performance. They also allow for the player to be waived at no cap penalty if the team isn't sold on their potential. 

Dejan Vasiljevic 2022/23 NBL statistics 

GMS PTS REB AST FG% 3P% FT%
36 13.4 4.3 1.8 41 36 84

Jed Wells

Jed Wells Photo

Jed is a writer and social media producer, who has a keen interest in the intersection of sports and popular culture, especially basketball.