Knicks Signs Pacome Dadiet

ByPriyonkoor July 4, 2024July 4, 2024

Pacome Dadiet, the New York Knicks’ 2024 first-round pick, has been signed to a rookie scale deal. However, Dadiet agreed to sign for 80% of the usual rookie scale. This is an interesting choice for the Knicks.

According to several sources, Pacome Dadiet agreed a buyout with Ratiopharm Ulm (Germany), paving the path for him to sign a rookie scale contract with the Knicks in the first round.

Unexpected development: The Knicks have signed first-round pick Pacome Dadiet to 80 percent of the rookie scale, league sources say. The move will save the Knicks a significant amount, $904K, under the 2024-25 hard cap. Knicks also paid a buyout to his German team.
— Fred Katz (@FredKatz) July 4, 2024

Therefore, his first-year compensation will be around $1,808,080, which is approximately $904,000 less than the entire rookie scale figure for the 25th overall pick. Players selected in the first round can sign for at least 80% and up to 120% of the rookie scale.

Priyonkoor

Priyonkoor Hesh is a seasoned writer and basketball analyst with a passion for the New York Knicks and the broader NBA landscape. Apart from NBA, he also has great interest in Soccor, Cricket, etc. with little previous experience.