NBA Rookie Contracts: Understanding the 2nd Round

The NBA draft is always an exciting time for fans, as they eagerly watch to see which players their favorite teams will select. While the first round typically garners the most attention and media coverage, the second round is also important, as it provides teams with an opportunity to find hidden gems and long-term contributors.

When it comes to contracts for second-round picks, there are a few key differences compared to those for first-rounders. Here are some things to keep in mind.

Length of Contract

First-round picks are guaranteed a contract of at least two years, with team options for an additional two years. Second-round picks, on the other hand, are not guaranteed a contract at all. However, if they do sign, it is typically for one or two years.

Salary

First-round contracts are based on a predetermined scale, with the higher picks earning more money. Second-round contracts are not subject to the same scale and are typically negotiated between the player and team. As a result, second-rounders often earn less money than their first-round counterparts.

Guaranteed Money

First-round picks are guaranteed some level of money in their contract, even if they are waived by the team. Second-round picks are not guaranteed any money if they are waived, although some teams will negotiate a partial or fully guaranteed amount.

Exceptions

While the above are general rules, there are exceptions. For example, if a team wants to sign a second-rounder to a longer contract, they can offer a three- or four-year deal instead of the typical one or two. Additionally, some second-rounders sign two-way contracts, meaning they will spend time with both the NBA team and their G League affiliate.

The second round of the NBA draft may not get as much attention as the first, but it is still an important part of the league`s talent acquisition system. While there are differences in contracts between first- and second-round picks, teams are always looking for players who can contribute to their success on the court.