May 25, 2013
The Charlotte Bobcats have signed No. 2 overall pick Michael Kidd-Gilchrist, which will allow the rookie small forward to participate in summer-league practices and games starting Tuesday in Las Vegas.
Under the rookie pay scale, salaries for first-round picks are slotted based on draft position. Kidd-Gilchrist will make about $4 million this season. His contract is guaranteed this season and next, and then the Bobcats will have two one-season options, based on the collective bargaining agreement.
The Bobcats have yet to sign second-round pick Jeff Taylor, a small forward from Vanderbilt. Taylor was the first pick of the second round, 31st overall.
The two rookies are expected to play in Las Vegas along with Kemba Walker and Bismack Biyombo, who were rookies for the Bobcats last season. The Bobcats will practice in Las Vegas Tuesday through Thursday and then start playing games Friday.
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