The old saying in the NBA goes, "After three years, you are who you are." Some teams, though, don't have the patience to wait that much time to get returns on their draft investments. Joe Alexander of the Milwaukee Bucks and JR Giddens of the Boston Celtics were some of the victims this week.

It's probably devastating news for a young player... and with a reason. At least, based on history.

Research shows that first-round picks that didn't get options of their first NBA contract picked up usually don't last long in the league after that first deal expires. Probably not a big surprise, but these are the numbers...

Of all the NBA players drafted in the first round between 2003 and 2007, 24 became free agents sooner than expected after having contract options declined. Among that group, only eight remain in the league today. Those would be Marcus Banks, Antoine Wright, Shelden Williams, Patrick O'Bryant, Shannon Brown, Quincy Douby, Rodney Carney and Marcus Williams. Only Brown and Banks, who has barely ever played the past two years, have a contract in place for next season.

THE DECLINED 24: WHERE ARE THEY NOW?

2003 Draft

- Marcus Banks (Toronto).

Reece Gaines (Biella, Italy).

Troy Bell (Cremona, Italy).

Zoran Planinic (CSKA Moscow, Russia)

Ndudi Ebi (Rimini, Italy)

2004 Draft

Rafael Araujo (Paulistano, Brazil)

Luke Jackson (Ferrara, Italy)

Pavel Podkolzin (Lokomotiv Novosybirsk, Russia)

Sergey Monya (Dynamo Moscow, Russia)

2005 Draft

Yaroslav Korolev (free agent)

- Antoine Wright (Toronto)

Gerald Green (free agent)

Julius Hodge (free agent)

Wayne Simien (retired)

2006 Draft

- Shelden Williams (Boston)

- Patrick O'Bryant (Toronto)

Saer Sene (Hyeres-Toulon, France)

Cedric Simmons (Peristeri, Greece)

- Quincy Douby (Toronto)

- Rodney Carney (Philadelphia)

- Marcus Williams (Memphis)

- Shannon Brown (LA Lakers)

Maurice Ager (Cajasol Sevilla, Spain)

2007 Draft

Morris Almond (free agent)

* Ian Mahinmi, Oleksiy Pecherov, Acie Law, Sean Williams, Javaris Crittenton, Alando Tucker, Joe Alexander and JR Giddens had contract options declined too, but they are playing out their current deals.