Sixers to select Simmons

Sixers to select Simmons
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Tonight the 2016 NBA Draft will begin with the Philadelphia Sixers drafting Ben Simmons of LSU. Simmons will likely sign a 2 year, $12 million guaranteed contract (including 2 team options) with the Sixers which is based on 120% of the NBA Rookie Scale*. He will earn approximately $5.9 million for the 2016-2017 season. Due to the extremely large cap increase from $70 million to $94 million, Simmons' $5.9 million will result in being 6.28% of the cap maximum. By comparison other first overall selections have earned between 8.2% and 9.6% compared to the associated cap maximum.

 

Here is a look back at the 1st overall selections since 2000 and their signed financials, including the percentage of the of the first year cap was with respect to the cap maximum of that year.

2000-2016 #1 Overall Selections
Year Player POS DRAFT Team 2 YEAR Signed FIRST YEAR CAP % of CAP MAX
2016 Ben Simmons SF/PF PHI $12,072,000 $5,903,160 6.28%
2015 Karl-Anthony Towns C MIN $11,663,760 $5,703,600 8.15%
2014 Andrew Wiggins

SF

CLE $11,269,320 $5,510,640 8.74%
2013 Anthony Bennett PF CLE $10,888,200 $5,324,280 9.07%
2012 Anthony Davis PF NOH $10,520,040 $5,144,280 8.86%
2011 Kyrie Irving PG CLE $11,007,960 $5,144,280 8.86%
2010 John Wall PG WAS $10,670,000 $5,144,280 8.86%
2009 Blake Griffin PF LAC $10,340,710 $4,983,430 8.64%
2008 Derrick Rose PG CHI $10,007,280 $4,822,800 8.22%
2007 Greg Oden C POR $9,673,680 $4,662,000 8.38%
2006 Andrea Bargnani C TOR $9,340,080 $4,501,200 8.47%
2005 Andrew Bogut C MIL $9,006,480 $4,340,520 8.77%
Year Player POS DRAFT Team 3 YEAR Signed** FIRST YEAR CAP % of CAP MAX
2004 Dwight Howard C ORL $13,479,600 $4,179,720 9.53%
2003 LeBron James SF CLE $12,961,080 $4,018,290 9.17%
2002 Yao Ming C HOU $12,442,680 $3,858,240 9.58%
2001 Kwame Brown C WAS $11,924,280 $3,697,440 8.70%
2000 Kenyon Martin PF NJN $11,405,760 $3,536,640 9.96%

 *The NBA Rookie Scale is a pre-determined formula that was set when the CBA was agreed upon. 2005-Present 1st Round rookies sign a 2 year guaranteed with 2 team option years.

**1998-2004 the NBA Rookie Scale had 3 years guaranteed at signing with 1 team option year.

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