OAKLAND, Calif., July 8 (UPI) -- Forward Mike Dunleavy Jr., the third overall pick in the NBA draft, wasted little time by signing with the Golden State Warriors on Monday.
The signing of Dunleavy to a multi-year contract was announced by Warriors general manager Garry St. Jean and will allow him to play on the summer league team.
Under the bargaining agreement, rookie first-round contracts are for three years with a team option for a fourth season. The Warriors retain right of first refusal for a fifth season. As the third overall pick, Dunleavy will receive at least $8.24 million for the first three years.
Dunleavy will start immediately with the Warriors summer league team, which begins a stretch of six games in eight days on July 10 in Long Beach.
The 6-9 Dunleavy left Duke after his junior season to enter the draft and appears to be a good fit at small forward for the Warriors. The son of former NBA player and coach Mike Dunleavy, he averaged 17.3 points as a junior and connected on 38 percent of his 3-pointers.
Dunleavy's best moment in his college career came as a sophomore, when he nailed three 3-pointers in a 45-second span in the national championship game victory over Arizona. He also proved that he can play inside as he was second on the team in rebounding at 7.2 per game.
The Warriors have yet to sign European guard Jiri Welsch, the 16th overall pick in the first round acquired from Philadelphia.
Dunleavy is the fifth first-round pick to sign, joining Amare Stoudemire and Casey Jacobsen of Phoenix, Caron Butler of Miami and Freddy Jones of Indiana.