The Celtics have officially signed 2012 draft picks Jared Sullinger, Fab Melo, and Kris Joseph, according to a team release. Sullinger and Melo were first-rounders, taken 21st and 22nd overall, while Joseph was taken in the second round, with pick No. 51.
The 2012/13 rookie scale amounts for the 21st and 22nd picks are approximately $1.09MM and $1.05, respectively. But as I outlined last week, first-rounders typically sign for 120% of that amount, meaning Sullinger may be in line for about $1.31MM and Melo for $1.25MM. As a second-round pick, Joseph will likely receive the rookie minimum of $473,604. However, terms of the deals were not disclosed.
Signing draft picks is permitted during the July moratorium, so the Celtics' deals can be finalized now rather than on July 11th.