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Hornets Sign Anthony Davis, Austin Rivers

The Hornets have officially signed first-round picks Anthony Davis and Austin Rivers, according to a team release. Rivers was selected 10th overall, with the pick acquired in the Chris Paul trade, while Davis was, of course, the first overall pick.

Terms of the deals weren't disclosed, but both players figure to receive the full 120% of the rookie scale amount for their slots. That would mean a $5,144,280 first-year salary for Davis and a $2,238,360 rookie salary for Rivers. Their contracts will include two guaranteed seasons and two team options.

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