"This move might seem confusing; why would you sign a player and, within 24 hours, waive them? Well simply put, an Exhibit-10 deal is a contract that gives the player who signs it an additional bonus if they sign with the franchise's G League affiliate, in this case, the South Bay Lakers."
"The Lakers signing Valerio-Bodon to this deal and immediately waiving him allows him to play for the South Bay Lakers for more money than would be possible if he had just signed to the South Bay team outright."
"This is a win-win scenario for both parties. The Lakers keep a player they have some interest in and Valerio-Bodon gets a bit more money for staying with the South Bay Lakers."
"Valerio-Bodon is no stranger to the G-League. He spent last year with the South Bay Lakers and in his 25 games, he averaged six points, 2.4 rebounds, and 1.3 assists."
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