• My Scores
  • NCAA FB
  • NHL
  • MLB
  • NFL
  • NBA
  • Golf

Hornets sign top pick Davis, Rivers to rookie contracts

CBSSports.com wire reports
  •  

Davis (left) and Rivers get to know each other and the Hornets at a recent rookie camp. (Getty Images)  
Davis (left) and Rivers get to know each other and the Hornets at a recent rookie camp. (Getty Images)  

NEW ORLEANS -- 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 2014 by STATS LLC and The Associated Press. Any commercial use or distribution without the express written consent of STATS LLC and The Associated Press is strictly prohibited.
  •  
 

Biggest Stories

CBSSports Facebook Google Plus
COMMENTS
Conversation powered by Livefyre
 

Latest

Most Popular

CBSSports.com Shop

LeBron James Cleveland Cavaliers adidas Replica Jersey

LeBron James Cleveland Cavaliers Gear
Get yours today
Shop Now