Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Hornets Sign Top NBA Draft Pick Anthony Davis, Austin Rivers

No. 1 draft pick Anthony Davis agreed to a multiyear contract with the New Orleans Hornets as the forward prepares to begin the London Olympics with the U.S. basketball team.

The Hornets also agreed to a contract with guard Austin Rivers, the 10th overall selection in June’s National Basketball Association draft, the team said in a statement.

Contract terms weren’t disclosed. Davis will make $13.4 million over his first three seasons and Rivers $5.8 million, according to the rookie salary scale set forth in the 2011 collective bargaining agreement between the NBA and its players. First-round draft picks’ first two years are guaranteed, while teams hold third-year and fourth-year options.

Davis, who helped lead the University of Kentucky to a national championship as a freshman last season, led the nation in blocks with 4.65 per game. He averaged 14.2 points and 10.4 rebounds per contest.

The 19-year-old Davis was among the final cuts on the U.S. Olympic roster before being added to the team after Blake Griffin suffered a knee injury.

Rivers, 19, led the Duke Blue Devils with 15.5 points per game last season, becoming the third freshman in school history to do so.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.