7:05pm: Parker’s contract is worth $22.3MM over the next four seasons, and his first year salary will indeed be $4.9MM, according to Charles F. Gardner of the Journal Sentinel.
6:57pm: Jabari Parker signed his rookie deal with the Bucks today, a source tells Adrian Wojnarowski of Yahoo Sports (Twitter link). Assuming that he signed for 120% of the rookie scale, Parker projects to earn around $4.9MM in the first year of his deal, as our table of salaries for this year’s first-round picks details. The former Duke Blue Devil is the first among the top three picks of this year’s draft to sign his rookie contract.
The second-overall pick didn’t have much of an opportunity to showcase himself in this year’s NCAA tournament, as Duke – a number three seed – was upset in the opening round by 14th-seeded Mercer. As Charlie Adams of Hoops Rumors pointed out, Parker still has ample room to develop and has to get used to playing against longer, athletic opponents; however, Parker’s tremendous offensive skill set and readiness to compete at the NBA level immediately makes him a fine prospect to work with nonetheless.