Former Gonzaga point guard Josh Perkins is joining the Charlotte Hornets on an Exhibit 10 contract.

Perkins, GU’s all-time assist leader, wasn’t selected in Thursday’s NBA draft. An Exhibit 10 contract allows Perkins to join the Hornets on a nonguaranteed contract but he can earn a bonus up to $50,000 if he is released but stays with Charlotte’s G League team for at least 60 days.

Exhibit 10 players also can be offered a two-way contract.

Perkins averaged 10.2 points and 4.7 assists in four-plus seasons. He averaged 11 points and a career-high 6.3 assists as a senior last year.

“Thank you for taking a chance,” Perkins tweeted. “All I needed was an opportunity.”