The Pistons have signed lottery pick Jaden Ivey to his rookie scale contract, the team tweets.
The Purdue point guard was chosen with the No. 5 overall pick. Ivey’s deal, assuming the usual 120% of the rookie scale, will be for four years and $32,951,083. His first-year salary, under those terms, will be $7,252,200.
Ivey is expected to jump right into Detroit’s rotation and pair up in the backcourt with last year’s No. 1 overall pick, Cade Cunningham.
Detroit is also acquiring No. 13 overall pick, center Jalen Duren, from a draft-night trade. However, it cannot officially sign Duren until that trade becomes official.