Lance gets contract extension
CLEVELAND, OH - March 25th, 2008 - The Cleveland Cavaliers have signed center Lance Allred to a second 10-day contract, Cavaliers General Manager Danny Ferry announced today. Allred has played in two games for Cleveland. He signed his first 10-day contract on March 13th.
http://www.nba.com/cavaliers/news/lance_allred_080325.html
10What is a 10-day contract?
A 10-day contract is just that, a player contract which lasts ten days (or three games, whichever comes later). A team may sign a player to two 10-day contracts in one season (they may or may not be consecutive). After the second 10-day contract, the team can only retain the player by signing him for the remainder of the season. A team can't have more 10-day contracts than they have players on their Inactive List. Ten-day contracts are available to be used starting January 5 (or the first business day thereafter) each season.