wallshingtonwizard
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 | | Subject: A More Ideal NBA CBA, Part VII: Rookie Scale Contracts Sat Mar 12, 2011 1:57 pm | |
| ROOKIE SCALE CONTRACTS
One good thing about the NBA CBA is that there is a rookie wage scale for draft picks. All first round draft picks get an approximate set wage. There is a loophole however. While there is a set scale, it is not a set figure. The scale allows a team to sign a player between 80% and 120% of that figure, depending on where the player was selected.
The scale for the salary of the 1st pick of the 2010 NBA Draft (a/k/a Dougie Man) is this number for the two guaranteed years:
2010-2011: $4,286,900.00
2011-2012: $4,608,400.00
The 1st pick of the 2010 NBA Draft could be signed as low as 80% of those figures:
2010-2011: $3,429,520.00
2011-2012: $3,686,872.00
Or he could be signed up to 120% of the figure as well. Most teams pay the 1st pick of the draft 120% of the scale figure and yes, John Wall is getting paid 120% of the scale figure:
2010-2011: $5,144,280.00
2011-2012: $5,530,080.00
My modification
I think the rookie scale is a good concept, and leagues like the NFL are starting to pick this up finally, since some players, most notably quarterbacks get paid a ton of money as compared with linemen. However in light of a hard cap era, I'd lower the 1st pick's salary down to $3,500,000.00 his 1st season with no more with a set 5% increase of this figure to the next year's salary. The second pick would earn a little less, etc. down to the 35th pick (note my modification of the draft in the last section). In addition teams must sign a player to the HARD figure, not as low as 80% of that number or 120% of that number.
Also I don't like seeing the rookie scale continually inching up every year. Let's determine it this way, $3,500,000.00 for the 1st year or 5% of the salary cap, whichever is higher. Right now, 5% of a hard cap of $60,000,000.00 is $3,000,000.00 so the 1st pick is going to make $3,500,000.00.
This amount is still a hell lot better than NHL rookie scale contracts (they call them entry level contracts). | |
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