While free agency and trades have dominated recent NBA headlines, teams are also finalizing agreements with the players they selected in the 2026 draft on June 23–24. First-round picks typically sign quickly because their cap holds are calculated at 120 percent of the rookie-scale amount, leaving little reason to delay.
Under the collective bargaining agreement, first-round contracts run four years, with the first two seasons guaranteed and team options in Years 3 and 4. The exact value is tied to draft position: No. 1 pick AJ Dybantsa is eligible for roughly $67 million over four years, while No. 30 pick Koa Peat can earn just over $15 million.
The 2023 CBA also introduced a dedicated exception for second-round selections, permitting deals up to four years with a first-year salary equal to the two-year veteran minimum. Some second-rounders instead accept two-way contracts, spend time in the G League, or play overseas while their NBA rights are retained.
First-Round Signings
Signed contracts
- Washington Wizards: AJ Dybantsa, F, BYU
- Utah Jazz: Darryn Peterson, G, Kansas
- Chicago Bulls: Caleb Wilson, F, North Carolina
- Los Angeles Clippers: Keaton Wagler, G, Illinois
- Brooklyn Nets: Mikel Brown Jr., G, Louisville
- Sacramento Kings: Darius Acuff Jr., G, Arkansas
- Atlanta Hawks: Kingston Flemings, G, Houston
- Dallas Mavericks: Morez Johnson Jr., F, Michigan
- Golden State Warriors: Yaxel Lendeborg, F, Michigan
- Oklahoma City Thunder: Aday Mara, C, Michigan
- Chicago Bulls: Dailyn Swain, G/F, Texas
- Oklahoma City Thunder: Bennett Stirtz, G, Iowa
- Toronto Raptors: Allen Graves, F, Santa Clara
- San Antonio Spurs: Jayden Quaintance, C, Kentucky
- Philadelphia 76ers: Labaron Philon Jr., G, Alabama
- Atlanta Hawks: Zuby Ejiofor, F/C, St. John’s
- Los Angeles Lakers: Cameron Carr, G, Baylor
- Dallas Mavericks: Sergio de Larrea, G, Valencia
- San Antonio Spurs: Tarris Reed Jr., F/C, UConn
- Sacramento Kings: Alex Karaban, F, UConn
- Phoenix Suns: Koa Peat, F, Arizona
Unsigned first-rounders
- Memphis Grizzlies: Cameron Boozer, F, Duke
- Milwaukee Bucks: Brayden Burries, G, Arizona
- Milwaukee Bucks: Nate Ament, F, Tennessee
- Charlotte Hornets: Hannes Steinbach, C, Washington
- Detroit Pistons: Ebuka Okorie, G, Stanford
- Charlotte Hornets: Christian Anderson Jr., G, Texas Tech
- Memphis Grizzlies: Karim Lopez, F, New Zealand Breakers
- Boston Celtics: Chris Cenac Jr., F/C, Houston
- Brooklyn Nets: Joshua Jefferson, F, Iowa State
Second-Round Activity
Standard deals
- Cleveland Cavaliers: Meleek Thomas, G, Arkansas — four years, $9,264,648 (first three years guaranteed; Year 4 team option)
- Sacramento Kings: Emanuel Sharp, G, Houston — three years, $6,346,496 (first two years guaranteed; Year 3 team option)
- Atlanta Hawks: Henri Veesaar, C, North Carolina — four years, $9,264,648 (first two years guaranteed; Year 3 non-guaranteed; Year 4 team option)
Partially guaranteed contracts
- Miami Heat: Ryan Conwell, G, Louisville — three years, $6,346,496 (Year 1 guaranteed; Year 2 partial at $1,147,185; Year 3 team option)
Two-way agreements
- Oklahoma City Thunder: Otega Oweh, G/F, Kentucky
- San Antonio Spurs: JaKobi Gillespie, G, Tennessee
- Brooklyn Nets: Tyler Bilodeau, F, UCLA
- San Antonio Spurs: Maliq Brown, F/C, Duke
- Dallas Mavericks: Tobi Lawal, F, Virginia Tech
- Orlando Magic: Izaiyah Nelson, F/C, South Florida (two-year deal)
- Detroit Pistons: Ugonna Onyenso, C, Virginia
Other status updates
- New York Knicks guard Jack Kayil (Alba Berlin) is expected to remain overseas.
The list above will expand as additional 2026 draftees complete their first NBA contracts in the coming days and weeks.
Source: Hoops Rumors