Brandon Miller signs his first NBA contract: How much will he make?
Former Alabama standout Brandon Miller signed his first NBA contract on Saturday, the Charlotte Hornets announced.
Miller joined the Hornets as the second selection in the NBA Draft on June 22.
Terms of Miller’s contract were not disclosed, but as a first-round draft choice, his new deal will be for four years, with the third and fourth seasons on team options.
The salaries of the first-round picks are based on the rookie pay scale, which is tied to the NBA salary cap of $136.021 million for the 2023-24 season. Teams have the leeway to sign first-round picks to contracts worth up to 120 percent of the rookie pay scale or as little as 80 percent of it.
As the No. 2 pick, Miller was expected to command a maximum-value contract, which would make his deal worth $49.378 million, with a first-season salary of $10.88 million.
Miller is in line to make his pro debut when Charlotte plays in the California Classic in Sacramento next week. In the two-day event featuring six NBA teams, the Hornets are scheduled to play the San Antonio Spurs at 7 p.m. CDT Monday and the Golden State Warriors at 5 p.m. Wednesday. ESPN will televise Monday’s game, and ESPN2 will televise Wednesday’s game.
Miller will wear No. 24 on his jersey with the Hornets, the same number he had at Alabama.
In his single season with the Crimson Tide, Miller won the SEC Freshman of the Year, SEC Player of the Year and SEC Tournament Most Valuable Player awards as he helped Alabama earn the No. 1 seed for the NCAA tournament.
Former Alabama standout Brandon Miller signed his first NBA contract on Saturday, the Charlotte Hornets announced.
Miller joined the Hornets as the second selection in the NBA Draft on June 22.
Terms of Miller’s contract were not disclosed, but as a first-round draft choice, his new deal will be for four years, with the third and fourth seasons on team options.
The salaries of the first-round picks are based on the rookie pay scale, which is tied to the NBA salary cap of $136.021 million for the 2023-24 season. Teams have the leeway to sign first-round picks to contracts worth up to 120 percent of the rookie pay scale or as little as 80 percent of it.
As the No. 2 pick, Miller was expected to command a maximum-value contract, which would make his deal worth $49.378 million, with a first-season salary of $10.88 million.
Miller is in line to make his pro debut when Charlotte plays in the California Classic in Sacramento next week. In the two-day event featuring six NBA teams, the Hornets are scheduled to play the San Antonio Spurs at 7 p.m. CDT Monday and the Golden State Warriors at 5 p.m. Wednesday. ESPN will televise Monday’s game, and ESPN2 will televise Wednesday’s game.
Miller will wear No. 24 on his jersey with the Hornets, the same number he had at Alabama.
In his single season with the Crimson Tide, Miller won the SEC Freshman of the Year, SEC Player of the Year and SEC Tournament Most Valuable Player awards as he helped Alabama earn the No. 1 seed for the NCAA tournament.
