The Utah Jazz have made some big announcements surrounding their two new first-round picks, Ace Bailey and Walt Clayton Jr. According to a post from the Jazz, the team has officially signed both Bailey and Clayton Jr. to their rookie contracts.

Ace Bailey's now had three days of practice with the Utah Jazz. How is it going? Plus, info on a familiar face from Bailey's camp that will stick around through summer league.

The Utah Jazz picked the freshman star from Rutgers fifth overall in the NBA Draft, even though he hadn't even worked out for them. But the 18-year old hasn't just shown up. He's officially a member of the Jazz. As is standard for first-round picks, Bailey's deal is a four-year contract with a two-year team option for the second half.