Charlotte Hornets

Charlotte Hornets sign first-round pick, Kentucky’s Malik Monk

Charlotte Hornets first-round draft pick Malik Monk signed his rookie-scale contract Sunday.
Charlotte Hornets first-round draft pick Malik Monk signed his rookie-scale contract Sunday. dtfoster@charlotteobserver.com

The Charlotte Hornets signed first-round pick Malik Monk to his rookie-scale contract Sunday.

The Hornets drafted Monk, a shooting guard out of Kentucky, 11th overall last month. Under terms of the collective bargaining agreement, all first-round picks are guaranteed at least two seasons of salary. As the 11th pick, Monk will make in excess of $5 million over those two seasons.

Monk, who averaged 19.8 points in his only college season, has a sprained ankle causing him to miss games at the Orlando summer league.

As of Sunday evening, the Hornets had not signed second-round pick Dwayne Bacon, a forward-guard out of Florida State. Bacon has been playing for the Hornets’ summer team.

Rick Bonnell: 704-358-5129, @rick_bonnell

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