The 76ers signed first-round picks Thaddeus Young of Georgia Tech and Jason Smith of Colorado State and while terms weren't released the contracts are standard. Per the rules of the collective bargaining agreement, rookies receive a guaranteed two-year deal, plus two one-year team options for a third and fourth year.
The 6-foot-8 Young was the 12th pick in the draft and the rookie wage scale is a minimum of $1,525,600. NBA teams are allowed to exceed that amount by as much as 20 percent. Smith, a 7-footer, was the 20th pick of Miami and then traded to the Sixers for their 21st selection. The first-year scale is $1,028,200.