2013 NBA Draft: The Financial Difference Between #1 and #5

At around 7:30pm Thursday night in Brooklyn, NY, 30 young men will have their lives changed forever when David Stern calls their name to play in the NBA. These 30 young men (some even younger than me, which I find very upsetting) will see the gratifying culmination of years of summer basketball camps, AAU travel teams, and countless hours in the gym in front of the eyes of millions of fans across the world. Also, most will strike it rich in an instant. But how rich you may ask? Well, I’m here to explain the pretty big difference between going first overall (such as Kentucky’s Nerlens Noel, Maryland’s Alex Len, or Georgetown’s Otto Porter) and going fifth or lower.

Above the Rim: The 2013 NBA Draft: Up in the Air

As the NBA season came to an end in spectacular fashion last week, NBA fans and teams focus their gaze on the 2013 NBA Draft, which takes place this Thursday, June 28^th. Although the draft is an exciting time every year for teams looking to get better and strive for future playoff runs, this draft is less hopeful than most. With no surefire All-Star caliber prospects and no legitimate #1 player, this year’s draft is not one that will put any forlorn franchise immediately back into playoff contention.