The Last of the Millionaires

The amount of money a rookie makes from his first NBA contract is dependent on the order in which he is drafted. The number one draft pick makes the most of any rookie ($4,822,800 for Derrick Rose this year), and every player selected after the first pick makes less by increments that decrease from about $500,000 between the first and second pick (Michael Beasely will make $4,314,960 per year in his first contract) to about $7000 between the 29th and 30th pick (Indiana will pay DJ White $964,080 a year, while the Celtics owe JR Giddens $957,120).

So when you see some of these guys who expect to be drafted very high fall a bunch of spots (Mario Chalmers, for instance, was predicted to go in mid to late first round even in the latest mock drafts, but he fell all the way out of the first round to Miami by way of a trade with Minnesota--at 34th overall). It's a big deal for them, and not only because of pride. It could mean a difference of several hundred thousand, or even several million dollars.

Hoopshype.com has a chart that lists every salary for the players taken in the first round.

For what it's worth, our man George Hill is the last player in the draft to earn a million dollar payday at $1,006,200.