On Monday, the Timberwolves announced that they officially signed 1st round draft selection, Zach LaVine, to his rookie contract:
#Twolves officially sign 2014 first-round draft pick Zach LaVine. Per team policy, terms of the deals were not released.
— Timberwolves PR (@Twolves_PR) July 8, 2014
While official team rules don’t allow for it, a little digging suggests that the deal would likely be worth a little under $5.4 million for the next three seasons, with the following breakdown: $1,713,200 in 2014/15, $1,884,600 in 2015/16, and $1,965,700 in 2016/17. The new CBA calls for a 4th year option and a 5th year Qualifying Offer. As the 13th pick in the draft, the Wolves would owe LaVine a 42.9% increase on his official third year salary with that 4th year option and then a 38.3% increase on top of his official fourth year salary for his Qualifying Offer.
Fans will get their first look at Zach LaVine today at the Target Center as the team holds their open practice at 7pm at Target Center. We’ll get our first look at LaVine in the Las Vegas Summer League on Saturday, 7/12, when the Pups are scheduled to play their first game against the Mavericks.
For more on Zach LaVine, check out the DraftExpress Scouting video: