How do Next Stars contracts work exaclty?
Hi I'm new to this forum. I'm a Warriors fan who has been looking into Justinian Jessup's situation to understand what exactly is possible with him. I realize the NBL CBA isn't public, so it might be difficult to find definitive answers to my questions, but I was hoping those of you more familiar with the league might be able to offer me some pointers and point me in the right direction.
So far I understand that a Next Stars deal is a 2 year deal with an NBA opt-out after the first season, but I'm struggling to understand how exactly the opt-out works. Based on the Q&A released by the NBL it would seem that all Next Stars deals have to be bought out, so what exactly does a player opting out do? And if they all have to be bought out, then a Next Stars player shouldn't be eligible to sign a two-way or Exhibit 10 with an NBA team given the International Player Payment rule in the NBA CBA? So how was Brian Bowen able to sign a two-way deal with the Pacers after his first season as a Next Star? Did he not have to be bought out because he went undrafted so he could just straight up opt-out of the deal? Is that where that distinction lies?
I also understand that Didi Louzada had a recall option last season that allowed the Pelicans to buy him out of his deal by a certain mid-season deadline (12/31), but was this something only specific to his situation, or is this a standard attachment in a draft-and-stash Next Stars deal?
Would appreciate any help with this. Thanks!