Knicks Rumors: 1st-Round Draft Pick Pacome Dadiet to Sign Reduced Rookie Contract

The New York Knicks have signed first-round draft pick Pacome Dadiet to 80 percent of the rookie-scale contract, per Fred Katz of The Athletic.

The Knicks previously bought Dadiet out from his contract with his previous team, Ratiopharm Ulm of the Basketball Bundesliga in Germany, paving the way for his rookie deal, per Michael Scotto of HoopsHype.

Per Katz, Dadiet will make 120 percent of the rookie scale from the second through fourth years on his contract. And according to SNY's Ian Begley, the Knicks paid $850,000 for the buyout.

So the Knicks aren't stashing Dadiet in Europe. He can conceivably play on the G-League's Westchester Knicks or perhaps get some run on the NBA roster this year.

Ultimately, the Knicks didn't select Dadiet with the intention of relying on him right away. The Knicks have clear intentions to shoot for a championship with their big move to trade for Mikal Bridges from the Brooklyn Nets, forming one of the league's better contenders to the Boston Celtics for their NBA crown. The rotation looks deep and loaded right now, so Dadiet can certainly take his time to develop before becoming a contributor down the road.

The Knicks also made other notable moves Thursday, signing-and-trading Shake Milton and dealing Mamadi Diakate to the Nets to complete the Bridges deal, per SNY's Ian Begley.