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Rookie Scale Salaries For 2024 NBA First-Round Picks

July 2nd, 2024 at 7:04am CST by Luke Adams

With the NBA’s salary cap set at $140,588,000 for the 2024/25 league year, the rookie scale has been set as well. The rookie scale locks in the value of contracts for first-round picks.

In every NBA league year, rookie scale amounts are assigned to each first-round slot, from No. 1 through No. 30. Teams can sign their first-rounders to as little as 80% of that rookie scale amount, or up to 120% of that figure.

While that rule theoretically affords teams some flexibility, first-round picks virtually always sign contracts worth 120% of their rookie scale amount, and unsigned first-rounders have a cap hold worth 120% of their rookie scale amount.

Listed below are the salary figures that represent 120% of the rookie scale amounts for 2024’s first-round picks. If a first-round pick signs a rookie scale contract in 2024/25, it will be for the amount below unless he accepts a deal worth less than the maximum allowable 120%.

These salary figures will only apply if the player signs in 2024/25. If a player doesn’t sign an NBA contract this year, his rookie contract will look a little different in future seasons.

Rookie scale contracts are guaranteed for the first two years, with team options on the third and fourth years.

Here’s the 2024 breakdown:

No.
 2024/25 2025/26 2026/27 2027/28 Total
1 $12,569,040 $13,197,720 $13,826,040 $17,434,636 $57,027,436
2 $11,245,680 $11,808,240 $12,370,680 $15,611,798 $51,036,398
3 $10,098,960 $10,603,560 $11,108,880 $14,041,624 $45,853,024
4 $9,105,120 $9,560,520 $10,015,920 $12,670,139 $41,351,699
5 $8,245,320 $8,657,280 $9,069,600 $11,491,183 $37,463,383
6 $7,488,720 $7,863,240 $8,237,880 $10,445,632 $34,035,472
7 $6,836,400 $7,178,400 $7,519,920 $9,550,298 $31,085,018
8 $6,262,920 $6,576,120 $6,889,320 $8,763,215 $28,491,575
9 $5,756,880 $6,045,000 $6,332,760 $8,067,936 $26,202,576
10 $5,469,120 $5,742,480 $6,015,600 $7,669,890 $24,897,090
11 $5,195,520 $5,455,560 $5,715,360 $7,584,283 $23,950,723
12 $4,935,960 $5,182,920 $5,429,760 $7,482,209 $23,030,849
13 $4,689,000 $4,923,720 $5,158,080 $7,370,896 $22,141,696
14 $4,454,880 $4,677,600 $4,900,560 $7,257,729 $21,290,769
15 $4,231,800 $4,443,360 $4,654,920 $7,135,992 $20,466,072
16 $4,020,360 $4,221,360 $4,422,600 $6,784,268 $19,448,588
17 $3,819,120 $4,010,160 $4,201,080 $6,452,859 $18,483,219
18 $3,628,440 $3,809,520 $3,991,200 $6,138,466 $17,567,626
19 $3,465,000 $3,638,160 $3,811,800 $5,870,172 $16,785,132
20 $3,326,160 $3,492,480 $3,658,560 $5,641,500 $16,118,700
21 $3,193,200 $3,353,040 $3,512,760 $5,595,827 $15,654,827
22 $3,065,640 $3,218,760 $3,372,120 $5,547,137 $15,203,657
23 $2,795,294 $3,090,480 $3,237,120 $5,493,393 $14,616,287
24 $2,825,520 $2,966,760 $3,108,000 $5,435,892 $14,336,172
25 $1,808,080 $2,847,600 $2,983,680 $5,373,608 $13,012,968
26 $2,622,360 $2,753,280 $2,884,440 $5,200,645 $13,460,725
27 $2,546,640 $2,674,080 $2,801,640 $5,054,159 $13,076,519
28 $2,530,800 $2,657,760 $2,784,240 $5,025,553 $12,998,353
29 $2,512,680 $2,638,200 $2,763,960 $4,988,948 $12,903,788
30 $2,494,320 $2,619,000 $2,744,040 $4,952,992 $12,810,352

2024’s first-round picks:

  1. Zaccharie Risacher (Hawks)
  2. Alex Sarr (Wizards)
  3. Reed Sheppard (Rockets)
  4. Stephon Castle (Spurs)
  5. Ron Holland (Pistons)
  6. Tidjane Salaun (Hornets)
  7. Donovan Clingan (Trail Blazers)
  8. Rob Dillingham (Timberwolves)
  9. Zach Edey (Grizzlies)
  10. Cody Williams (Jazz)
  11. Matas Buzelis (Bulls)
  12. Nikola Topic (Thunder)
  13. Devin Carter (Kings)
  14. Carlton Carrington (Wizards)
  15. Kel’el Ware (Heat)
  16. Jared McCain (Sixers)
  17. Dalton Knecht (Lakers)
  18. Tristan Da Silva (Magic)
  19. Ja’Kobe Walter (Raptors)
  20. Jaylon Tyson (Cavaliers)
  21. Yves Missi (Pelicans)
  22. DaRon Holmes (Nuggets)
  23. AJ Johnson (Bucks)
    • Note: Johnson accepted approximately 114% of the rookie scale amount instead of 120% ($2,943,120) for this rookie season.
  24. Kyshawn George (Wizards)
  25. Pacome Dadiet (Knicks)
    • Note: Dadiet accepted 80% of the rookie scale amount instead of 120% ($2,712,120) for his rookie season.
  26. Dillon Jones (Thunder)
  27. Terrence Shannon (Timberwolves)
  28. Ryan Dunn (Suns)
  29. Isaiah Collier (Jazz)
  30. Baylor Scheierman (Celtics)
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Heat Sign Kel’el Ware To Rookie Scale Contract

July 1st, 2024 at 11:13pm CST by Luke Adams

The Heat have officially signed first-round pick Kel’el Ware to his rookie scale contract, the team announced today in a press release. Ware becomes the first player selected in the 2024 draft to formally sign his first NBA contract.

Considered one of the top centers in this year’s rookie class, Ware transferred to Indiana a year ago after spending his freshman year at Oregon. He enjoyed a breakout year for the Hoosiers, averaging 15.9 points, 9.9 rebounds, and 1.9 blocks in 32.2 minutes per game (30 contests), earning All-Big Ten and Big Ten All-Defense honors.

As the No. 15 pick in this year’s draft, Ware will earn a first-year salary of approximately $4.23MM. His four-year deal with Miami, which includes team options on the third and fourth seasons, will be worth about $20.47MM.

While teams can’t complete trades or certain signings until July 6, they’re allowed to sign first- or second-round picks to contracts during the moratorium period, so the Heat didn’t have to wait until Saturday to have Ware put pen to paper.

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Southeast Notes: Valanciunas, Salaun, Simpson, Wagner, Heat

July 1st, 2024 at 10:35pm CST by Dana Gauruder

Reaching a three-year agreement with 32-year-old center Jonas Valanciunas seems like an odd move for a rebuilding team. So why did the Wizards do it?

As Josh Robbins and William Guillory of The Athletic see it, Valanciunas’ presence will allow second overall draft pick Alex Sarr to develop at a slow and steady pace. Sarr needs to add bulk and muscle to his seven-foot frame and Valanciunas can match up against more physical centers. The veteran can also serve as a role model to the team’s other younger players.

We have more from the Southeast Division:

  • Hornets lottery pick Tidjane Salaun suffered a minor laceration near his knee but is expected to be available for the start of Las Vegas Summer League next week. However, he will unavailable when the team begins mini-camp in Sacramento on Tuesday. Second-round pick KJ Simpson won’t play during either the Sacramento or Las Vegas Summer Leagues as he continues to rehab a hamstring injury suffered during the pre-draft process. He is expected to be fully recovered and available at the start of training camp this fall, according to the team’s PR department (Twitter links).
  • The Magic have reached an agreement with backup big Goga Bitadze but they’re still interested in re-signing Moritz Wagner, who reciprocates that interest, Jason Beede of the Orlando Sentinel tweets. Orlando declined its $8MM option on Wagner’s contract prior to free agency.
  • Other than reaching a two-year agreement with Kevin Love, the Heat haven’t done much in terms of their 15-man roster during the first two days of free agency. It’s a product of the team’s salary-cap crunch, according to Anthony Chiang of the Miami Herald. They don’t have much to offer to outside free agents and new restrictions in the CBA make it harder to pull off a trade. Miami also doesn’t have much draft capital to facilitate those deals.
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Heat Officially Sign Keshad Johnson To Two-Way Deal

July 1st, 2024 at 9:42pm CST by Luke Adams

The Heat have become the first NBA team to officially fill all three of their two-way contract slots for the 2024/25 season after announcing in a press release that they’ve signed forward Keshad Johnson to a two-way deal.

A 6’7″ swingman who went undrafted last week out of Arizona, Johnson played for San Diego State across his first four seasons of NCAA eligibility before using his “super-senior” season to transfer to the Wildcats.

In 2023/24, he posted averages of 11.5 points, 5.9 rebounds, 1.8 assists, 1.0 steals and 0.7 blocks per game, with a shooting line of .530/.387/.710. He reached a two-way agreement with the Heat shortly after the end of Thursday’s draft.

Johnson joins Zyon Pullin and Dru Smith as Miami’s two-way players, with all three formally signing their contracts today. While the July moratorium prevents teams from officially finalizing trades and some forms of signings, two-way deals can be completed during the moratorium period.

Since two-way contracts don’t count against the salary cap and carry little guaranteed money, it’s not a lock that Johnson, Pullin, and Smith will still occupy those slots by opening night — especially since Miami still has two-way qualifying offers out to Cole Swider and Alondes Williams. But it looks like the trio currently under contract should at least have an opportunity to begin the season on Miami’s 18-man roster.

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Atlantic Notes: Hartenstein, Pagliuca, George, Nets Rebuild

July 1st, 2024 at 9:24pm CST by Dana Gauruder

Money talks and that’s one big reason why Isaiah Hartenstein walked away from the Knicks in free agency. It was a difficult decision for Hartenstein, Stefan Bondy of the New York Post writes, because he wanted to stay in New York.

But as a player who had earned approximately $23MM so far in his NBA career, Hartenstein couldn’t pass up on the Thunder‘s three-year, $87MM offer, which will pay him about $30MM in year one, especially given the more favorable cost of living in Oklahoma City, Bondy writes. The Knicks held the center’s Early Bird rights, limiting them to a four-year, $72.5MM offer.

We have more from the Atlantic Division:

  • Celtics co-owner Steve Pagliuca suggested in a statement relayed by Adam Himmelsbach of the Boston Globe (Twitter link) that he’s not looking to divest from the team. Earlier on Monday, it was made public that the team’s majority ownership group, led by Wyc Grousbeck, intended to put the franchise up for sale. Pagliuca’s statement reads in part, “Being a co-investor and managing partner of the Celtics has been a great honor and a labor of love. I hope to be a part of the Celtics moving forward and will be a proud participant in the bidding process that has been announced today.”
  • The Sixers had little choice but to pursue Paul George on the free agent market in order to keep up with the Eastern Conference contenders, Sam Amick of The Athletic opines. It was the best move available on the board, according to Amick, and keeps them alive in the chase for next year’s conference title.
  • The Nets must choose among two paths in their rebuild, according to Brian Lewis of the New York Post. They could make up to four first-round picks in a loaded 2025 draft and spend $80MM in free agency in an effort to accelerate the process or they could take a longer route. In that scenario, they could trade Ben Simmons, Bojan Bogdanovic and Dennis Schröder — players that come off the cap next summer — this offseason for unwanted multiyear contracts and more picks.
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Clippers To Sign Kris Dunn

July 1st, 2024 at 8:36pm CST by Luke Adams

8:36pm: The Clippers are exploring possible sign-and-trade scenarios to bring in Dunn from the Jazz, reports Jake Fischer of Yahoo Sports (Twitter link). A sign-and-trade would open up a wider salary range for Dunn.

7:38pm: The Clippers have agreed to sign free agent guard Kris Dunn, league sources tell Chris Haynes of TNT and Bleacher Report (Twitter link).

The fifth overall pick in the 2016 draft, Dunn didn’t live up to his draft billing in Minnesota or Chicago during the early years of his career, but has evolved into a solid rotation piece in recent years. He spent the past two seasons in Utah, where he provided solid, versatile defense in the Jazz’s backcourt and earned praise from head coach Will Hardy for his voice in the locker room.

In 88 total appearances (35 starts) across two seasons in Utah, Dunn averaged 7.4 points, 4.3 assists, and 3.3 rebounds in 20.6 minutes per game, with a shooting line of .497/.395/.741.

Dunn was frequently mentioned within the last week as a potential free agent target for the Suns, with Gerald Bourguet of PHNX Sports reporting (via Twitter) that the 30-year-old was atop the club’s wish list as it sought a point guard. Instead, he’ll head to one of Phoenix’s division rivals, joining a Clippers team that seems prepared to move on from backup point guard Russell Westbrook.

While the details of Dunn’s contract aren’t known, the over-the-cap Clippers are believed to be devoting most of their mid-level exception to Derrick Jones and their bi-annual exception to Nicolas Batum. Unless Los Angeles plans to negotiate a sign-and-trade deal for one or more of its free agent additions, that would leave either the leftover portion of the MLE or a minimum-salary contract for Dunn.

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Warriors Confirm Thompson Is Leaving, Pledge To Retire His Jersey

July 1st, 2024 at 8:30pm CST by Dana Gauruder

The Warriors organization acknowledged in a press release on Monday that longtime shooting guard Klay Thompson will not return while promising to retire his jersey.

Thompson is headed to the Mavericks in a three-team sign-and-trade deal that will also include the Hornets.

Golden State’s statement reads, in part:

“We can’t overstate Klay Thompson’s incredible and legendary contributions with the Warriors during his 13 years with the team, highlighted by four NBA championships, six trips to the NBA Finals, five NBA All-Star Game appearances and several NBA records, including the most points ever scored in a quarter in NBA history (37) and the most 3-point field goals in a game (14). … Klay’s legacy will live on forever and we look forward to the day we can retire his #11 jersey at Chase Center, where he will join a host of Warriors immortals, including those who helped shape this recent dynasty—himself included.

“We thank Klay for his contributions and wish him the best as another chapter in his journey is written.”

The statement can be somewhat construed as an olive branch after extension talks fizzled and the relationship between the team and the five-time All-Star reportedly grew strained. That led to Saturday’s news that he intended to leave the Warriors for a new team.

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Heat Re-Sign Dru Smith To Two-Way Contract

July 1st, 2024 at 7:03pm CST by Luke Adams

The Heat have re-signed guard Dru Smith to a two-way contract, the team announced today in a press release.

Smith, who began last season on Miami’s 15-man roster, appeared in just nine games before a major ACL injury cut his season short and led to his eventual release. Smith suffered that injury in Cleveland when he fell awkwardly into the bench area, prompting the Heat to contact the NBA to express concerns with what they viewed as an unsafe drop-off along the sidelines.

Smith was playing well in limited minutes prior to the injury, averaging 4.3 points, 1.6 assists, and 1.6 rebounds in 14.6 minutes per game, with a shooting line of .455/.412/1.000. He also appeared in 15 NBA regular season games in 2022/23 with the Heat and Nets.

Outside of his half-season stint in Brooklyn to close out the ’22/23 season, Smith has spent much of his professional career bouncing on and off the Heat’s roster since going undrafted out of Missouri in 2021. He has been waived by Miami four separate times since 2021, but is back under contract with the team heading into ’23/24.

The Heat also officially signed undrafted rookie Zyon Pullin to a two-way contract today. Another undrafted free agent, Keshad Johnson, is expected to occupy Miami’s third two-way slot.

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International Notes: Hall, Claver, SGA, Murray, Almansa, FIBA Rosters

July 1st, 2024 at 6:59pm CST by Dana Gauruder

Former NBA big man Donta Hall could have an opportunity to return to the league, Aris Barkas of Eurohoops reports. The American big man has an opt-out clause in his contract with his current team, Monaco, and is believed to be receiving NBA interest. Hall averaged 4.9 points and 3.5 rebounds in 13.4 minutes over 38 games in EuroLeague action with Monaco last season. Hall has appeared in 22 NBA games with Detroit, Brooklyn and Orlando.

We have more from around the international basketball world:

  • Former NBA forward Victor Claver has announced his retirement, according to release from Valencia Basket. Claver, 35, played 18 years professionally, beginning and ending his career with Valencia, Eurohoops notes. Claver appeared in 82 games with the Trail Blazers from 2012-15. He was also a longtime member of the Spanish national team.
  • Shai Gilgeous-Alexander and Jamal Murray will be playing together on the Canadian national team for the first time. Murray couldn’t play the last two summers while recovering from injuries and long playoff runs. Michael Grange of Sportsnet and Eric Koreen of The Athletic examine how the two star guards will mesh together as they prepare for the Olympics. SGA doesn’t seem worried. “I drive, he shoots,” Gilgeous-Alexander said. “Simple as that.”
  • Izan Almansa, considered a first-round prospect in next year’s draft, has chosen to spend next season in the NBL Next Stars program with the Perth Wildcats, according to an NBL post. It’s the same path taken by this year’s No. 2 pick, Alex Sarr. Almansa, 19, participated in the NBA draft combine but decided to withdraw from this year’s draft and improve his stock for 2025. The 6’10″ big man, who hails from Spain, possesses a 7’1″ wingspan and was named MVP of the 2022 FIBA U17 World Cup, 2022 FIBA U18 European Championships and 2023 FIBA U19 World Cup.
  • The rosters for the 24 participating teams in the FIBA Olympic qualifying tournaments have been confirmed. They can be viewed at this Eurohoops post. Those tournaments, which will determine the final four qualifiers for the Paris Olympics, tip off on Tuesday.
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Fischer’s Latest: Markkanen, Isaac, DeRozan, Lakers, D-Lo, Nets

July 1st, 2024 at 6:51pm CST by Luke Adams

The Jazz are “welcoming” inquiries on Lauri Markkanen, according to Jake Fischer of Yahoo Sports, who wonders if Utah’s offseason could play out like Brooklyn’s has. The Nets agreed to trade Mikal Bridges after efforts to pair him with an impact player came up short. Utah has also explored the trade market for a possible second star to complement Markkanen, talking to Brooklyn about Bridges (as previously reported) and to the Hawks about both Dejounte Murray and Trae Young, sources tell Fischer.

While it’s possible the Jazz will follow the Nets’ lead, selling off their lone star after failing to land another one, they don’t appear eager to part with Markkanen. According to Fischer, the Jazz have conveyed that they remain interested in renegotiating and extending Markkanen’s contract later this offseason and that listening to every offer for the star forward is just about due diligence.

As reported earlier today, both the Warriors and Spurs have interest in Markkanen, Fischer confirms, naming the Kings and Timberwolves as a couple more teams to watch. However, Sacramento’s reluctance to put Keegan Murray on the table in trade scenarios – which NBA personnel believe would be necessary to land Markkanen –  may result in the Kings shifting their trade focus to Pelicans forward Brandon Ingram, Fischer writes. As for the Wolves, they’re operating over the second apron and barely have any future draft capital available, so it’s hard to envision a way for them to make a serious play for Markkanen.

Here’s more from Fischer:

  • The Magic may not end up using all of their cap room on free agents or trades — according to Fischer (Twitter link), they’re working on possibly renegotiating and extending forward Jonathan Isaac‘s contract. A team with cap space can use it to give a player a raise on his current-year salary, then reduce his salary by up to 40% in the first year of an extension, so Orlando may be looking at essentially giving Isaac a bonus this season to get him a team-friendly deal beginning in 2025/26.
  • Although LeBron James has expressed a willingness to take a pay cut if it allows the Lakers to bring in an impact player, Fischer writes that the team seems to be running out of potential targets – and time – to make that happen. The Lakers “hold an affinity” for DeMar DeRozan, but they’d likely have to incorporate a third team to move off some salary, including perhaps D’Angelo Russell or Gabe Vincent, to have a shot at DeRozan, according to Fischer.
  • The Nets could be a trade destination for Russell. Sources tell Fischer that Brooklyn has been open to the idea of a reunion with Russell since February’s trade deadline.
  • If Klay Thompson had re-signed with the Warriors, the plan was to bring him off the bench next season behind second-year guard Brandin Podziemski, according to Fischer. Thompson appears likely to be a starter in Dallas.
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