BigOrangeMojo
The Member in Miss December
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It might have worked out that they made the team and got a contract, but no second rounder is guaranteed anything on draft night. Get cut, and it’s overseas.
As for cheap labor, you are confusing the NBA with the NFL. NFL has a hard cap and 50+ players. NBA has a soft cap (which means it can be exceeded) and only 15 players. Cheap labor is important in the NFL but not so much in the NBA.
You are technically correct about nothing being guaranteed on draft night but if you are a top 50 draft pick, you are going to get some type of guaranteed money. You have to be really awful in the Summer League not to get that and if that's the case, you weren't a NBA player to begin with.
You are right about the NFL as well but the cheap labor still exists in the NBA. That explains why teams such as the Golden State Warriors are buying 2nd round draft choices to fill out their roster......