Rookie Salary Scale
All rookie contracts signed with first round picks have a term of two guaranteed years with two separate one – year team options for seasons three and four. If the team wants to exercise the first team option, it must do so during the period from the day following the end of the player’s first season through the immediately following October 31. If the team wants to exercise the second team option, it must do so during the period from the day following the end of the player’s second season through the immediately following October 31.
In the 2016-2017 Rookie scale, the first selection earns $4,919,300. The 24th selection earns $1,105,800. Finallay, the 26th selection earns $1,026,300.
Just for comparison sake, falling to the second draft pick in the 2016 NBA draft costs that player over $500,000 per year.
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