The team with the previous year's worst record "wins" the top draft slot; the winner of the previous season picks last. Each slot has a signing bonus value associated with it, with the top slots having a higher value than those lower on the roster. Those aggregated slot values become the team's "Bonus Pool," which the team spends to attract new players through the draft process. If a team selects a player who rejects their offer, they lose that slot and the signing bonus money associated with it. The 2017 Draft is a Change-upThe 2017 draft is the first governed by the new CBA rules, which now set the values of the draft slots.

Source: Forbes June 12, 2017 19:07 UTC