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Providence’s Kris Dunn Selected 5th Overall by the Minnesota Timberwolves

With the 5th pick in the 2016 NBA Draft, the Minnesota Timberwolves select…

Kris Dunn.”

Dunn is heading to Minnesota after the Timberwolves selected him 5th overall. Dunn becomes the 42nd player from Providence to be selected in the NBA Draft and he joins the elite company of Otis Thorpe, Marvin Barnes, Ernie DiGregorio, Jimmy Walker and Lenny Wilkens as the only Providence players taken in the Top 10 of the NBA Draft. Dunn is also just the 3rd Providence player ever to be taken in the NBA Draft’s Lottery — a system that began in 1985 — joining Austin Croshere and Eric Williams.

The NBA has a rookie salary scale that dictates how much each player can be paid over the course of their rookie deal. The first two years are fully guaranteed with the 3rd and 4th years being team options and the ability to make a “Qualifying Offer” for the 5th year with a hefty percentage increase of the 4th year figure. Players can sign for as little as 80% of the rookie scale or as much as 120% of the rookie scale. Here’s how Dunn’s contract and earning potential breaks down being picked 5th at 100% of the rookie scale:

Year Salary
1  $    3,227,100
2  $    3,372,300
3  $    3,517,500
4  $    4,456,673
5  $    5,909,548
Total  $  20,483,120

Dunn now officially knows where he’ll be living for, at least, the next few years of his life and he’ll have a few dollars in his pocket to help ease the transition from college life. I can guarantee that Timberwolves just made some fans in Friartown and I would not be shocked to see a fair amount of Twolves jerseys with “DUNN” on the back at the Dunkin’ Donuts Center next season. Dunn seems to fit right into new coach Tom Thibodeau’s defensive-minded philosophy.

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