NBA Contracts Explained: What Every Fan Should Know About Exhibit 10s, Two-Ways, and Free Agency
Chapter 1: The Guaranteed First-Round Rookie Deal When a player is selected in the first round of the NBA Draft, their contract is structured by the league’s rookie salary scale. It’s a guaranteed four-year deal, with: Example: Victor Wembanyama, the #1 pick in 2023, signed a contract worth over $55 million across four years. Fan Note: This gives teams…