The Denver Nuggets, fresh off a promising but ultimately disappointing season, have begun making moves to solidify their roster ahead of the 2024-25 NBA campaign. On October 8, 2024, the Nuggets announced the signing of three NBA free agents—Will Richardson, Andrew Funk, and Charles Bediako—on Exhibit 10 contracts. These additions are primarily geared toward training camp, with the potential for the players to transition to the Nuggets’ G League affiliate, the Grand Rapids Gold.
The three new signings bring varied backgrounds and skill sets, offering the Nuggets additional depth and options in the preseason.
Will Richardson an undrafted guard out of Oregon, is no stranger to professional basketball. Last season, Richardson averaged 7.0 points, 2.1 rebounds, and 2.9 assists per game while playing for the Grand Rapids Gold, the Nuggets’ G League affiliate. Known for his versatility and ability to run the offense, Richardson’s experience in the G League could be a valuable asset as he aims to carve out a spot on the Nuggets’ roster.
Andrew Funk also joins the Nuggets after an undrafted journey. Funk, who played collegiate basketball at Bucknell and Penn State, showcased his sharpshooting abilities during his college career. He made a brief appearance in the NBA Summer League with Denver, where he participated in four games. Funk also had a short stint with the Chicago Bulls on a two-way contract. While his path to an NBA roster spot remains uphill, Funk’s shooting touch makes him a potential candidate for a specialized role, especially in an era where perimeter shooting is at a premium.
Charles Bediako a towering 7-footer from Alabama, brings size and defensive presence to the Nuggets’ training camp. Bediako had experience with both the San Antonio Spurs and Orlando Magic during the NBA Summer League. His size and shot-blocking ability make him an intriguing project for Denver, especially as the team looks to bolster its frontcourt depth.
All three players signed Exhibit 10 contracts, which are essentially non-guaranteed, minimum-salary deals that offer flexibility to the team and players alike. These contracts allow teams to invite players to training camp without committing to a guaranteed roster spot. In many cases, as expected with Richardson, Funk, and Bediako, players on Exhibit 10 contracts are waived before the season starts but are encouraged to join the team’s G League affiliate. If they stay with the affiliate for at least 60 days, they can earn a bonus, usually up to $75,000.
The flexibility of Exhibit 10 contracts also includes the option to convert them into two-way deals, which would allow the players to split their time between the NBA and the G League, giving them more opportunities to develop their skills while also contributing to the main roster when needed.
In addition to signing these three players, the Nuggets made room on the roster by waiving Gabe McGlothan, Jaylin Williams, and Jahmir Young, signaling the team’s intent to bring in fresh faces and evaluate new talent during training camp. However, it is highly likely that Richardson, Funk, and Bediako will also be waived before the season begins, allowing Denver to retain their G League rights and continue their development in Grand Rapids.
The Nuggets enter the 2024-25 season with high expectations, especially after falling short in the Western Conference semifinals against the Minnesota Timberwolves in the previous season. This marked a significant drop from their 2023 championship win, leaving fans and analysts alike wondering whether Denver can return to true title contention.
Although the additions of Richardson, Funk, and Bediako are more about long-term development and G League depth than immediate impact, they reflect Denver’s commitment to scouting and nurturing young talent. The Nuggets will likely continue to make minor roster adjustments leading up to the regular season, keeping an eye on how these new faces perform during training camp.
In a Western Conference that continues to grow stronger, Denver’s front office understands that assembling the right mix of established talent and developmental players will be crucial. While the team’s core remains intact—led by reigning Finals MVP Nikola Jokić—the Nuggets are wisely keeping an eye on the future, hoping that their moves in the G League pipeline will eventually pay dividends on the NBA stage.
The signings of Richardson, Funk, and Bediako may not make headlines immediately, but they reflect the Nuggets’ strategic approach to team-building. As Denver aims to return to championship form, every move matters, and these Exhibit 10 contracts offer an opportunity for young players to grow within the organization. Whether they make an impact this season or later down the line, the Nuggets are ensuring they remain competitive now and in the future.
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