While bigger moves are likely on the horizon, the Chicago Bulls have bolstered their depth after the 2024 NBA Draft by signing former Illinois forward Marcus Domask to an Exhibit 10 contract.
Domask, who spent one year with the Fighting Illini, averaged 15.9 points, five rebounds, and 3.9 assists per game. Alongside Terrence Shannon Jr., he helped lead Illinois to an Elite Eight appearance before falling to the eventual national champion UConn Huskies.
Elevating to the next level.@marcusdomask has signed an Exhibit-10 deal with the @chicagobulls#Illini | #EveryDayGuys | #SeeRed pic.twitter.com/GIGZbR5y9Y
— Illinois Men's Basketball (@IlliniMBB) June 28, 2024
Now, Domask has an opportunity to join the Bulls, who lacked a second-round pick in the 2024 NBA Draft. An Exhibit 10 deal, commonly used by NBA teams to secure depth players, includes the following provisions:
“It allows a franchise to convert a player (specifically on a non-guaranteed one-year minimum) to a two-way contract. A player can sign for an Exhibit 10 bonus of up to $50,000. If converted, the two-way contract is guaranteed for that amount.
Additionally, a player who is waived (and clears waivers) before the season on Exhibit 10 can sign with the G League to play for the NBA team’s affiliate franchise. If that player sticks with the G League team for at least 60 days, they’ll receive their Exhibit 10 bonus. An affiliate player in the G League is technically a free agent eligible to sign with any NBA team.” – Sports Business Classroom
What does this mean? At the very least, local Chicago Illini fans might still have the chance to watch one of their favorite players from last season up close, even if Domask ends up playing for the Bulls’ G League affiliate, the Windy City Bulls.
