Every year, the NBA G League hosts a draft of almost 150 players who have signed contracts with the league. It lasts four rounds and requires teams to make only two choices. The last two picks in each round are made via lottery spin of a wheel with those positions assigned based on how many points each team scored in the previous season's playoffs. This year's draft will be held on June 25th at the Barclays Center in Brooklyn, New York. The first round will begin at 6:00 p.m. EST and the second round will follow at 7:00 p.m. There will be live television coverage of both rounds. ESPN will cover the first round while CBS Sports Network will provide coverage of the second round. The G League is the NBA's official development league. Teams can have no more than five players under contract at any time during the season. If a player is waived by a team, he can be claimed off waivers by another team that has space on its roster. A player cannot be transferred between NBA teams without being traded first. Teams pay their players based on their performance in games they play during the season. The salary scale for players in the G League ranges from $75K to $150K.