The Nuggets will sign Reece Beekman to an Exhibit 10 contract, sources tell Bennett Durando of The Denver Post (Twitter link).
The 23-year-old point guard finished the season as a two-way player with the Nets, and the reported agreement is a strong sign that he won’t receive a qualifying offer from Brooklyn for another two-way contract.
Beekman signed a two-way deal with Golden State last July after going undrafted out of Virginia. He made just two brief appearances for the Warriors before being sent to the Nets in mid-December as part of the Dennis Schröder trade.
Beekman got a larger NBA opportunity after arriving in Brooklyn, appearing in 34 games and averaging 2.7 points, 1.1 rebounds and 1.8 assists in 13.7 minutes per night.
Trey Alexander, PJ Hall and Spencer Jones were Denver’s two-way players when the season ended, but they’re all headed for free agency and aren’t guaranteed to return to the team.
An Exhibit 10 contract can be converted into a two-way deal prior to the start of the regular season. Beekman will be eligible to earn a bonus worth up to $85K if he’s waived and then spends at least 60 days with the Nuggets’ G League affiliate.