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Here’s how much the 2021 NBA draft picks will earn on their rookie contracts

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A group of new athletes joined the NBA fraternity on Thursday night as the league held its annual draft.

For players, the team that drafts them can have a major impact on how they develop as basketball players, but it also can have a huge impact on their salaries.

See also: LeBron James is a billionaire — the first U.S. team sport athlete to do it while still playing

What number draft pick a player is determines how much money he will earn on his rookie contract. This is due to the NBA’s rookie wage scale, which assigns dollar amounts to specific draft slots. The higher a player is drafted, the more lucrative their overall contracts are.

Due to the NBA’s rookie wage scale, dropping a few spots during the draft can actually cost players millions of dollars on their rookie contracts.

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Each player selected in the first round of the NBA Draft is awarded a 4-year contract with an NBA franchise, but only the first two years are fully guaranteed.

Here are the estimated contracts for the first round selections of the 2021 NBA draft, according to contract monitoring site Spotrac.

Pick No. 1, Cade Cunningham

Guaranteed: $17.2 million

Total value: $38 million

Pick No. 2, Jalen Green

Guaranteed: $15.4 million

Total value: $34 million

Pick No. 3, Evan Mobley

Guaranteed: $13.8 million

Total value: $30.6 million

Pick No. 4, Scottie Barnes

Guaranteed: $12.4 million

Total value: $27.6 million

Pick No. 5, Jalen Suggs

Guaranteed: $11.3 million

Total value: $25 million

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Pick No. 6, Josh Giddey

Guaranteed: $10.2 million

Total value: $22.7 million

Pick No. 7, Jonathan Kuminga

Guaranteed: $9.3 million

Total value: $20.7 million

Pick No. 8, Franz Wagner

Guaranteed: $8.6 million

Total value: $19 million

Pick No. 9, Davion Mitchell

Guaranteed: $7.9 million

Total value: $17.4 million

Pick No. 10, Ziaire Williams

Guaranteed: $7.5 million

Total value: $16.6 million

Pick No. 11, James Bouknight

Guaranteed: $7.1 million

Total value: $16 million

Pick No. 12, Joshua Primo

Guaranteed: $6.7 million

Total value: $15.3 million

Pick No. 13, Chris Duarte

Guaranteed: $6.4 million

Total value: $14.8 million

Pick No. 14, Moses Moody

Guaranteed: $6.1 million

Total value: $14.2 million

Pick No. 15, Corey Kispert

Guaranteed: $5.8 million

Total value: $13.6 million

Pick No. 16, Alperen Sengun

Guaranteed: $5.5 million

Total value: $13 million

Pick No. 17, Trey Murphy

Guaranteed: $5.2 million

Total value: $12.3 million

Pick No. 18, Tre Mann

Guaranteed: $5 million

Total value: $11.7 million

Pick No. 19, Kai Jones

Guaranteed: $4.7 million

Total value: $11.2 million

Pick No. 20, Jalen Johnson

Guaranteed: $4.5 million

Total value: $10.7 million

Pick No. 21, Keon Johnson

Guaranteed: $4.4 million

Total value: $10.4 million

Pick No. 22, Isaiah Jackson

Guaranteed: $ 4.2 million

Total value: $10.1 million

Pick No. 23, Usman Garuba

Guaranteed: $4 million

Total value: $9.8 million

See also: Cost of the Olympics: How the 2020 Tokyo Games are one of the most expensive ever

Pick No. 24, Josh Christopher

Guaranteed: $3.9 million

Total value: $9.6 million

Pick No. 25, Quentin Grimes

Guaranteed: $3.7 million

Total value: $9.3 million

Pick No. 26, Nah’Shon Hyland

Guaranteed: $3.6 million

Total value: $9 million

Pick No. 27, Cameron Thomas

Guaranteed: $3.5 million

Total value: $8.7 million

Pick No. 28, Jaden Springer

Guaranteed: $3.4 million

Total value: $8.7 million

Pick No. 29, Day’Ron Sharpe

Guaranteed: $3.4 million

Total value: $8.6 million

Pick No. 30, Santi Aldama

Guaranteed: $3.4 million

Total value: $8.5million

Rookies from the NFL Draft will make similar money to NBA rookies, while rookies from the MLB Draft make considerably less.

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