• Get the Blackhawks Championship Package
    Get the Blackhawks Championship Package
  • Give the Gift of SI
    Give the Gift of SI
Posted: Tuesday July 24, 2012 1:50PM ; Updated: Tuesday July 24, 2012 7:46PM

Hornets ink Davis, Rivers to rookie contracts

Decrease font Decrease font
Enlarge font Enlarge font
NBA Team Page

NEW ORLEANS (AP) -- New Orleans Hornets first-round draft choices Anthony Davis and Austin Rivers have signed their rookie contracts.

The moves, announced by the club Tuesday, are formalities for players chosen in the first round. The values of their rookie deals are outlined in the NBA's collective bargaining agreement.

As the first pick in this summer's draft, the 6-foot-11 Davis receives a three-year guaranteed contract worth a little more than $16 million, with just over $5 million paid in the first year.

Rivers, a 6-4 guard picked 10th overall, receives a three-year guaranteed deal worth nearly $5.9 million, with nearly $1.9 million paid during his rookie season.

The Hornets' second-round pick, 6-8 forward Darius Miller, still must negotiate his contract. Generally, contracts for second-round picks are not fully guaranteed.

Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

 
SI.com
Hot Topics: Sammy Watkins NFL Draft Rick Adelman NFL Questions Aaron Hernandez Donald Trump
TM & © 2014 Time Inc. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you. Read our privacy guidelines, your California privacy rights, and ad choices.
SI CoverRead All ArticlesBuy Cover Reprint