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Sources: Suns' James moving from 2-way deal

From ESPN - December 6, 2017

The Phoenix Suns are converting the two-way contract of rookie guard Mike James into a regular NBA contract on Thursday, league sources told ESPN.

James, a 27-year-old rookie, is the first two-way player to have his deal converted in this manner. Two-way deals -- which allow for a combined NBA and G-League affiliate contract -- were introduced into the NBA this season as part of the NBA's new collective bargaining agreement.

The Suns plan to create a roster spot for James on Thursday morning, league sources said. Barring a trade, the Suns could choose to waive forward Derrick Jones Jr.

Two-way contracts are paid on a smaller scale, and James will have exhausted his 45 days on an NBA roster on Thursday, which is counted from the first day of G-League training camp. James made a projected $213,000 on the two-way contract, and he could make $580,607 on a minimum NBA contract for the balance of the 2017-18 season.

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