tcgrad1014
All-ACC
- Joined
- Nov 5, 2011
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I only follow the NBA at the draft level in a cursory manner so can someone explain the rookie contract $ differential in going as a lottery pick vs going as a late 1st rounder? I do remember when the NBA players restructured the salary system in one of their collective bargaining agreements so as to stop "overpaying" rookies and to disperse that cap money back to the vets.
I didn't know how it worked either, so I did some research. The NBA has a rookie scale for each slot in the 1st round. The team can pay anywhere between 80-120% of the scale number. For the 2017 draft, pick #1 was slotted at about $5.9 million for year 1 of contract, $6.9 million for year 2 of contract, and $8.1 million for year 3 of contract. The 17th pick (roughly where draftnicks are projecting both Brown and IV at this point) was slotted at $1.8 million for year 1, $2.1 million for year 2, and $2.5 million for year 3. Long story short, the difference is enormous between the first pick and mid-first round pick.
https://basketball.realgm.com/nba/info/rookie_scale