The Hornets have signed first round draft picks Anthony Davis and Austin Rivers.
As the first pick in this summer's draft, the 6-foot-11 Davis receives a three-year guaranteed contract worth a little more than $16 million, with just over $5 million paid in the first year.
Rivers, a 6-4 guard picked 10th overall, receives a three-year guaranteed deal worth nearly $5.9 million, with nearly $1.9 million paid during his rookie season.
Davis led the nation in blocks (4.65 bpg) as a freshman, while leading the Wildcats in scoring (14.2 ppg), rebounding (10.4 rpg) and field goal percentage (.623). Davis broke school and SEC records as well as the NCAA freshman record for blocks in a season (186). He finished the season with 20 double-doubles, tops in the SEC and tied for the UK freshman record en route to being named SEC Defensive Player of the Year, SEC Freshman of the Year, First Team All-SEC, SEC All-Freshman Team and SEC All-Defensive Team.
Rivers finished last season ranked in the top five in seven different freshman categories in Duke history: points (3rd), points per game (3rd), free throws (1st), attempts (1st), three-pointers (5th), double-figure games (3rd), and 20-point games (5th).
The Hornets' second-round pick, 6-8 forward Darius Miller, still must negotiate his contract. Generally, contracts for second-round picks are not fully guaranteed.