The Hawks have officially signed two of their rookies to their first NBA contracts, announcing today in a pair of press releases (links here) that they’ve finalized contracts with lottery-selection De’Andre Hunter and second-rounder Bruno Fernando.
Hunter, the No. 4 overall section in last month’s draft, was traded to Atlanta from New Orleans after being part of the trade that sent Anthony Davis to the Lakers. Locked in to the NBA’s rookie scale, Hunter will make just under $7.07MM in his rookie season. Should he play out his full four-year rookie contract he’ll earn approximately $32.1MM.
The 21-year-old forward was named the ACC Defensive Player of the Year and All-ACC First Team en route to leading Virginia to the NCAA Championship last season. He averaged 15.2 points, 5.1 rebounds and 2.0 assists in 32.5 minutes per game while shooting an impressive 43.8% from three-point range.
As for Fernando, the terms of his new contract are unclear. The Hawks still have a two-way contract slot open after coming to terms with fellow rookie Charlie Brown Jr.; however, it’s likely Fernando’s signing would have been reported as a two-way contract if he was taking the other spot beside Brown.
It’s more likely that the Hawks will use some of their substantial remaining cap space (about $14MM) to accommodate a three to four-year contract with the Maryland big man. A three-year pact at the minimum would see Fernando earn nearly $4.2MM. I anticipate the deal to be in that vicinity, with perhaps a higher first-year salary somewhere between $1MM to 1.5MM.