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Nick Boyd's Golden State contract has been revealed: Here's what it means

There's a unique opportunity for Nick Boyd now that we know his contract.
Mar 18, 2026; Portland, OR, USA; Wisconsin Badgers guard Nick Boyd (2) shoots the ball during a practice session ahead of the first round of the men's 2026 NCAA Tournament at Moda Center. Mandatory Credit: Craig Strobeck-Imagn Images
Mar 18, 2026; Portland, OR, USA; Wisconsin Badgers guard Nick Boyd (2) shoots the ball during a practice session ahead of the first round of the men's 2026 NCAA Tournament at Moda Center. Mandatory Credit: Craig Strobeck-Imagn Images | Craig Strobeck-Imagn Images

Former Badger point guard Nick Boyd is chasing his NBA dream. While he was considered a fringe NBA Draft pick, he failed to be selected in either round. This opened him up to signing as an undrafted free agent, and the team that swooped in was the Golden State Warriors. Initially, the specifics of the deal weren't announced, and there was no info released on what type of NBA contract he signed with the Warriors. Now, the news is out: Nick Boyd has signed an Exhibit 10 deal.

The Exhibit-10 contract isn't as great as a regular NBA contract or even a two-way deal, but it beats some of the alternatives, like a summer league invite. The contract will give him a season-long runway if the two sides want it. He can join the Warriors for the Summer League, training camp, and the preseason all without using up a roster spot for Golden State.

This serves as a unique opportunity for Nick Boyd to prove he belongs and gets the whole season to do so. It also most likely means that Golden State sees him as a G-League player, for that is where most Exhibit-10 deals end up after the summer league. Golden State will have an opportunity to convert the deal to a two-way contract after the summer league if they so choose.

Nick Boyd has signed an Exhibit-10 contract with the Golden State Warriors

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Golden State currently has two players committed to two-way contracts, last year's Exhibit 10 standout LJ Cryer and Graham Ike (also an undrafted NBA free agent from this year's draft). Not every contract is known right now, but there appears to be one final two-way contract. The team could be using this as a "prove-it" and save it for any of the summer league players that break out.

Enter Nick Boyd, with a chip on his shoulder and an opportunity in front of him. This could be exactly what he needs to prove that he belongs in the NBA. There's no doubt he will show off in the summer league. Everywhere he's gone, he's proven the doubters wrong, turned into a winner, and proved he's one of the best players on the court.

Yet, now, he also has to find the path forward with the Warriors. Which is another opportunity for Boyd. Is there even a place for him? Like on the depth chart? Let's dig into this a little.

Stephen Curry is obviously the starting point guard, and Pat Spencer is currently the backup if D'Anthony Melton turns down his player's option. While Boyd wouldn't project to pass either of those players in his first season, he could find that fourth spot, which is currently projected as LJ Cryer. A player who started with Exhibit 10, like Boyd, and eventually earned his two-way spot. If Boyd is going to find a spot, he will have to beat out Cryer for a two-way spot. It's doubtful the Warriors will carry two point guards with only three two-way contracts.

So, Boyd will most likely end up in the G-League in his first season, but has a chance to earn a two-way. Beyond that, he will really have to prove himself over and over as he works his way up the depth chart.

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