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Raptors make Kay Felder signing official

That was quick!

The Toronto Raptors announced Tuesday that they have signed point guard Kay Felder.

The news was first reported by Sam Amick of USA TODAY Sports on Monday night, and Raptors Republic was able to learn that the deal is an Exhibit 10 contract. We’ve got you covered with the relevant analysis here.

The move brings the Raptors’ roster to 17 a month out from training camp.

Guaranteed NBA contracts: 13 (Lowry, VanVleet, Wright, Green, Powell, Richardson, Leonard, Miles, Anunoby, Siakam, Valanciunas, Ibaka, Monroe)
Partially guaranteed NBA contracts: 1 (Brown)
Exhibit 10 contracts: 2 (Boucher, Felder; can have up to 6)
Two-way contracts: 1 (Loyd; can have up to 2)
Total roster spots: 17 (can have up to 20)