11:59pm: The Wizards have yet to make an official announcement, but the RealGM transactions log indicates that the signing has taken place.
4:55pm: The Wizards have reached an agreement with Kelly Oubre on a rookie-scale contract, Shams Charania of RealGM reports (Twitter link). Washington acquired the rights to Oubre in a draft night trade with the Hawks.
The 19-year-old swingman out of Kansas will likely earn close to $1.920MM this season, the first of his four-year rookie scale contract, assuming he signed for the standard 120% of the rookie scale, as our table of likely salaries for first-round picks shows. Oubre would then be in line to make $2,006,640 in 2016/17, $2,093,040 the following season, and $3,208,630 in the final year.
Oubre appeared in 36 games as a freshman for the Jayhawks, averaging 9.3 points, 5.0 rebounds, and 1.1 steals, with a slash line of .444/.358/.718.