Sportico sports business reporter Emily Caron on the financial impact of the coronavirus on college basketball.
Anthony Edwards was the highlight of Thursday night when the Minnesota Timberwolves selected him with the No. 1 overall pick of the 2020 NBA Draft.
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Edwards turned pro in lieu of finishing his final three years of college at Georgia. As a freshman, Edwards averaged 19.1 points, 5.2 rebounds and 2.8 assists. He was an All-SEC selection, All-SEC Freshman selection and the SEC Rookie of the Year.
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Georgia was only 16-16 before the coronavirus shut down college basketball, along with every other major sport, for quite some time.
Edwards, being the top pick, is going to be the highest-paid rookie for the 2020-21 season. So how much is Minnesota paying him to team up with Karl-Anthony Towns, D’Angelo Russell and Jarrett Culver?
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The former college basketball standout will make $44.2 million over four years, according to ESPN. He will also receive $20 million in guaranteed money. The average annual value of his deal breaks down to about $11.05 million per year.
The contract breakdown doesn’t include endorsement deals, which the 19-year-old shooting guard is sure to get since he is the top pick of this year’s draft.
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Last year’s No. 1 pick, Zion Williamson, signed a four-year deal with the New Orleans Pelicans last year with the final two years being club options. According to Spotrac, he made a base salary of $9.757 million in 2019-20 and will make $10.245 million in 2020-21.
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November 19, 2020 at 08:29PM
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Anthony Edwards drafted No. 1 to Timberwolves: How much will he make? - Fox Business
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