Labaron Philon, the former Alabama basketball guard, signed a multi-year contract with the Philadelphia 76ers following his decision to forgo his college eligibility. As an undrafted rookie entering the 2024-2025 NBA season, Philon signed a two-way contract, which dictates his salary based on the league’s collective bargaining agreement. Under current NBA rules, players on two-way deals earn a flat salary equal to 50% of the league’s minimum rookie salary.
Financial Structure of the Two-Way Contract
For the 2024-2025 season, the NBA minimum salary for a rookie is $1,157,153. Consequently, a player on a standard two-way contract earns $578,577. This compensation is paid out over the course of the regular season. Unlike standard NBA contracts, two-way deals allow players to split time between the NBA roster and the organization’s G League affiliate, in this case, the Delaware Blue Coats.
According to NBA roster records, the 76ers finalized the deal in the summer of 2024. The contract structure provides the team with flexibility, as two-way players do not count against the 15-man active roster limit, though they are eligible to play in up to 50 regular-season games for the parent club.
Professional Background and Draft Status
Philon’s path to the professional ranks followed a single season of recruitment and development rather than extensive collegiate play. Originally a highly-touted recruit out of Link Academy in Missouri, he committed to Alabama before ultimately entering the professional draft process.
His transition to the Philadelphia 76ers organization marks a significant step in his career, moving from the high school and collegiate recruitment circuit to the professional development system. The 76ers’ decision to sign him highlights the team’s focus on long-term development of young guards within their G League infrastructure.
Comparison: Two-Way vs. Standard NBA Deals
The financial trajectory for a player like Philon differs significantly from those selected in the NBA Draft who sign standard rookie scale contracts.
| Contract Type | Salary Status | Roster Eligibility |
|---|---|---|
| Two-Way Contract | 50% of rookie minimum ($578,577) | Eligible for 50 NBA games |
| Standard Rookie | Full rookie scale (varies by draft position) | Full roster spot eligibility |
While a standard rookie contract offers higher guaranteed earnings, the two-way contract serves as a common entry point for undrafted players looking to establish themselves in the league. If the 76ers choose to convert Philon’s contract to a standard NBA deal at any point during the season, his salary would be prorated based on the remaining days of the league calendar.
FAQ: Understanding NBA Two-Way Deals
Can Labaron Philon earn more than his base salary?
Yes, if the 76ers choose to convert his two-way contract into a standard NBA contract, his compensation would increase to the league minimum or higher, depending on the terms negotiated at the time of conversion.
Does he spend the entire season with the 76ers?
Not necessarily. Two-way players are frequently assigned to the G League to gain playing time. Philon remains under the control of the 76ers’ organization throughout the duration of his contract.
How long does this contract last?
Two-way contracts are typically signed for one or two years. Official team announcements confirm the specific duration of the agreement, which provides the team with the right to retain the player for developmental purposes.