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Meet The Newest NBA Millionaires

The NBA has put in place a pay scale that guarantees the first two years of salary for all players selected in the first round of the draft at a fixed dollar amount tied to what slot the player was picked at. 

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How NBA Rookies Are Paid

The NBA has in place a pay scale that guarantees the first two years of salary for all players selected in the first round of the draft at a fixed dollar amount, tied to what slot the player was picked at.

Photo: Oliver Quillia for CNBC.com