JULY 6, 11:39am: Okobo’s deal is now official, the Suns announced on their website. The French point guard was an All-Star this season while playing for Pau-Lacq-Orthez in his homeland. Terms of the deal were not released, but it’s expected to be worth about $6MM in total, as noted below.
Okobo, 20, has a buyout with Pau-Orthez of the LNB Pro A that will allow him to come to the NBA right away, and it appears to be well worth it, with Charania adding that the first two seasons of Okobo’s contract are fully guaranteed.
It’s not yet clear what the annual salaries will be in Okobo’s agreement, but the first two seasons are guaranteed for over $2.6MM and the third and fourth years will be non-guaranteed.
Because Okobo was not a first-round pick, he is not subject to the NBA’s rookie scale. Moreover, because he’ll sign a four-year contract, the Suns will be required to sign him using cap room or part of their MLE.