Rondae Hollis-Jefferson, who the Nets obtained in a Draft Night trade with the Trail Blazers, signed his first NBA contract Monday in Orlando, where he's part of Brooklyn's summer league team. As the 23rd pick in the first round, RHJ can be expected to earn $1.35 million this season, the first of two guaranteed years. The Nets also hold a team option on the Arizona product's third and fourth years.
Last week, the Nets signed their own first round pick, Chris McCullough, to a slightly lesser deal. McCullough, who's recovering from a torn ACL, will make about $200,000 less.