NBA Rookie Contracts: 2nd Round 2020

The 2020 NBA draft is in the books and it’s time to take a look at the contracts for the rookies that were selected in the second round.

Introduction

The 2020 NBA Draft was held on November 18, 2020. The 2020 NBA Draft class is unique due to the shortened college Basketball season and the ongoing COVID-19 pandemic. This class features several players who could have been first-round picks in other years but fell to the second round due to these circumstances. Here is a list of the top 10 second-round picks in the 2020 NBA draft along with their rookie contract details.

1. Desmond Bane SG, Memphis Grizzlies – 4 years, $5.8 million
2. Killian Tillie, PF, Memphis Grizzlies – 4 years, $5.4 million
3. Malachi Flynn, PG, Toronto Raptors – 4 years, $4 million
4. Sammy Villegas, SF, Indiana Pacers – 3 years, $4 million
5. Daniel Oturu C, Minnesota Timberwolves – 3 years, $3.9 million
6. Paul Reed PF/C, Chicago Bulls – 3 years $2.8 million
7. Tyler Bey, SF/PF Brooklyn Nets 2 years $2.6 million (partially guaranteed)
8. Jaden McDaniels PF Minnesota Timberwolves 2 year /$5 million (Team Option for 3rd)
9 Marko Simonovic PF Orlando Magic 2 year/$4 million (Team Option for 3rd)
10 Mamadi Diakite PF/C Utah Jazz– 2 year/$3 million

NBA Rookie Contracts

In the NBA, a rookie is a first-year player. A draft is held every year for NBA hopefuls who have either just finished college or are looking to start their professional career.As of July 1, 2020, the first overall pick in this year’s draft will receive a base salary of $8.1 million, with 30% of that sum ($2.43 million) being paid out as a signing bonus. In total, the rookie will be eligible to earn $29.8 million over his four-year rookie contract ($8.1M, $8.6M, $9M, $9M).

This is just the tip of the iceberg when it comes to an NBA player’s earnings potential. In addition to their base salary, rookies can also make money from endorsements and other sources of income. For example, the number one overall pick in the 2020 draft is projected to make an estimated $47 million over his first four years in the league once all sources of income are taken into account.

The majority of NBA Rookies will never come close to earning that much money. In fact, most second-round picks will make less in guaranteed money than the first overall pick will earn from his base salary alone. The 60th and final pick in this year’s draft will have a base salary of just $817,246 (with 10% of that sum being paid out as a signing bonus). In total, that player will be eligible to earn $3.29 million over his four-year rookie contract ($817K, $863K, $910K$, 957K).

The 2020 NBA Draft

The 2020 NBA draft was held on November 18, 2020, virtually via teleconference. It was the first draft during the COVID-19 pandemic after the original June date was postponed.

This was also the first draft with no in-person attendance, as all attendees participated online or via telephone. The event was held in ESPN’s Bristol, Connecticut studios due to the pandemic. Adam Silver the Commissioner of the NBA, announced that 60 prospects were invited to participate in the event.

This is a list of second-round picks in the 2020 NBA Draft

Second Round of the 2020 NBA Draft

The second round of the 2020 NBA Draft will take place on Wednesday, November 18th. The following is a list of the top prospects who are eligible to be selected in the second round of the draft.

Isaiah Stewart, C, Washington
Stewart is a big body down low who can really protect the rim. He’s an excellent rebounder and has really improved his offensive game over the past year. He’d be a great pick for any team looking for help in the frontcourt.

Jaden McDaniels, SF, Washington
McDaniels is a long and athletic wing who can really shoot the ball from deep. He’s an excellent perimeter defender and has all the tools to be a very good player at the next level.

Josh Green, SG, Arizona
Green is an excellent shooter with great size for his position. He’s a good perimeter defender and has shown flashes of being a very good playmaker. Green would be a great fit with any team that needs help on the wing.

Eligibility for a Second Round Pick

In order to be eligible for the NBA Draft players must be at least 19 years old during the calendar year of the draft and they must have also completed 4 years of their college eligibility.

Signing a Second Round Pick

In the NBA, each draft pick signs a rookie contract with the team that drafted him. The contracts are for four years, with team options for the fifth year on first-round picks and the fourth and fifth years on second-round picks. Second-round picks typically have lower salaries than first-rounders, and their contracts are not fully guaranteed.

In 2020, the NBA instituted a new rule stating that all second-Round Draft picks must sign two-way contracts This means that they will spend time with both the NBA team and its Development League affiliate. The NBA team can call up a player from the G League for up to 45 days during the season, but the rest of the time he will play for the affiliate and earn a smaller salary.

If a second-round pick does not sign a two-way contract, he is free to sign with any NBA or G League team However, he will not be eligible for an NBA Rookie of the Year Award or to play in the NBA All-Star game

Salary Cap Considerations

NBA teams are allowed to go over the salary cap to sign rookies, but there are some strict limitations.NBA Rookie contracts are shorter and have less guaranteed money than veteran contracts, but they can still have a big impact on a team’s salary cap

There are two types of rookie contracts: first-round picks and second-round picks. First-round picks are eligible for four-year contracts, with team options for the fifth year. Second-round pickscontracts are for two years, with team options for the third and fourth year.

The rookie wage scale determines how much each pick in the draft will make. The scale is based on the NBA’s salary cap which increases every year. For example, the 2020 first overall pick will make $8,719,000 in their first season, while the last pick in the first round will make $2,937,600.

The NBA’s Collective Bargaining Agreement (CBA) stipulates that rookies can only make up to 20% of a team’s total salary cap This means that even if a team has the space to sign a max contract player, they can only do so if they don’t have any rookies on their roster making more than 20% of the salary cap

This can create some challenges for teams drafting in the latter half of the first round. For example, let’s say that a team has $10 million in available cap space and wants to sign a free agent who is willing to sign for the league minimum salary of $2.6 million. If that team also has a rookie making $3 million (the 30th pick in the draft), they would only be able to offer that free agent $4.4 million instead of $5 million because they would be going over the 20% rule.

Benefits of a Second Round Pick

Riding on the coattails of a successful first round pick can be a great way to start your NBA Career Ask any second round pick and they’ll tell you that while it’s not the most ideal situation, there are some definite benefits that come along with being selected in the second round of the NBA draft

For starters, second round picks are typically given less pressure to perform than first round picks. This is due in large part to the fact that they are not expected to make as big of an immediate impact as their first round counterparts. As a result, second round picks are often able to ease their way into the league and get acclimated to the rigors of an 82 game NBA season without having the weight of the world on their shoulders.

In addition, second round picks often have significantly more time to develop their game as they are not thrust into the spotlight as soon as they enter the league. This extra development time can be invaluable for young players as they look to fine-tune their skills and expand their knowledge of the game.

Finally, second round picks typically have far less financial pressure than first round picks. This is because they are not guaranteed as much money upfront and do not have fully guaranteed contracts As a result, second round picks can go out and play with a chip on their shoulder, looking to prove themselves and earn a larger contract down the line.

While being drafted in the second round may not be every player’s dream, there are definitely some benefits that come along with it. From having less pressure to perform to having more time to develop,second round picks have a unique opportunity to make a name for themselves in the NBA.

Risks of a Second Round Pick

As the NBA draft approaches, many fans get excited about their team’s potential first-round pick. However, there is always a risk that a team’s first-round pick will not pan out and the team will have wasted a valuable asset. The second round of the draft is even more of a crapshoot, as the players selected in that round often do not end up having successful NBA careers. In fact, many second-round picks do not even make it to the NBA level, instead spending their careers in the G League or overseas.

While it is always risky to draft a player in the second round, there are a few factors that can make it even more risky. For example, if a team is selecting late in the second round, they may be choosing from a pool of players who were not good enough to be drafted in the first round. Additionally, most second-round picks are not given guaranteed contracts, so if they do not perform well during training camp or the preseason, they could be cut from the team before the regular season even begins.

Given all of these risks, why do teams bother drafting players in the second round? The answer is simple: because sometimes, it pays off. Every once in awhile, a late second-round pick exceeds all expectations and goes on to have a successful NBA career In recent years players like Draymond Green and Jimmy Butler have been drafted in the second round and gone on to have All-Star caliber careers. While it is certainly rare for this to happen, it does happen occasionally, which is why teams are still willing to take the risk on second-round picks.

Conclusion

The 2020 NBA Draft has come and gone, with 60 new players drafted into the league. These young men will now embark on the next step of their Professional Basketball careers, signing rookie contracts with the teams that drafted them. Here is a look at what these NBA rookies can expect to earn, based on their draft position.

Second-round picks have a lot less negotiating power than first-rounders, and they tend to sign for the league minimum salary In 2020-21, that figure is $898,310 for rookies. Players can negotiate for a larger signing bonus, but their annual salaries will be prorated over the length of the contract and will not start accruing until the regular season begins. So while second-rounders don’t make as much money as lottery picks in their first season, they can still sign for up to four years and have the chance to redeem themselves in subsequent seasons.

Picks 31-40: 2 years, $3.4 million