NBA Draft 2016 Contracts: Projected Salaries For All First-Round Picks

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NBA Draft 2016 Contracts: Projected Salaries For All First-Round Picks, Including Ben Simmons And Brandon Ingram
http://www.ibtimes.com/nba-draft-20...s-all-first-round-picks-including-ben-2386057

Below is a look at the projected worth of the rookie contracts for each first-round draft pick. The figures include only the two guaranteed years.

1) Philadelphia 76ers: $12,072,000
2) Los Angeles Lakers: $10,810,080
3) Boston Celtics: $9,699,480
4) Phoenix Suns: $8,747,120
5) Minnesota Timberwolves: $7,919,280
6) New Orleans Pelicans: $7,192,680
7) Denver Nuggets: $6,566,160
8) Sacramento Kings: $6,015,240
9) Toronto Raptors: $5,529,600
10) Milwaukee Bucks: $5,252,760
11) Orlando Magic: $4,990,200
12) Utah Jazz: $4,740,840
13) Phoenix Suns: $4,503,600
14) Chicago Bulls: $4,278,600
15) Denver Nuggets: $4,064,280
16) Boston Celtics: $3,861,360
17) Memphis Grizzlies: $3,668,160
18) Detroit Pistons: $3,484,920
19) Denver Nuggets: $3,327,960
20) Indiana Pacers: $3,194,760
21) Atlanta Hawks: $3,067,400
22) Charlotte Hornets: $2,944,440
23) Boston Celtics: $2,826,720
24) Philadelphia 76ers: $2,713,560
25) Los Angeles Clippers: $2,605,080
26) Philadelphia 76ers: $2,518,560
27) Toronto Raptors: $2,445,960
28) Phoenix Suns: $2,431,080
29) San Antonio Spurs: $2,413,320
30) Golden State Warriors: $2,395,800

Here is a Forbes article on the same topic ...
http://www.forbes.com/sites/jasonbe...round-rookie-salary-projections/#2cb640137561
 
From quick calculations it appears each position in the top ten is 10% lower than the position above. Then after position # 10 the drop is 5% from the spot above.

Is this how it is figured?
 
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