04-23-2012
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#21
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if you ain't first, you're last
Joined: | Apr 2004 |
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Posts: | 4,161 |
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Quote:
Originally Posted by Picksix
Not sure how big of a deal this will become, but it's got the middle of the first round talk at least. Florio reported this first over the weekend, and let me expand on it. In the new collective bargaining agreement, there's a provision that could affect trading of draft choices in the first round. Each first-round pick can be signed to a four-year contract with a club option for a fifth year that has to be exercised in May following the third season of the contract. So rookies this year will sign for four years, through the end of the 2015 season; but in May 2015, teams have to tell the players if they intend to exercise the fifth years of the contract and lock up players through 2016. For picks 1 through 10 of the first round, that fifth-year salary will be the transition number, the average of the top 10 salaries at the position that season. For picks 11 through 32, the fifth-year salary will be the average of the third through 25th salaries at the position that [View Full Quote]year.
I'll give you an example. Let's use Tannehill. The transition number for quarterbacks this year is $14.3 million. The average of the third through 25th quarterback salary this year is $8.1 million. Who knows what the numbers will look like in May 2015, but they probably won't be smaller, or the gulf narrower. In other words, if you pick Tannehill at eight, you'll be paying $6.2 million more in a five-year deal for him than if you picked Tannehill at 12. Crazy. But true.
Now, some teams I spoke with over the weekend say the fifth year in the deal will simply be used as leverage in negotiations for a long-term deal. But I can see sticklers like Scott Pioli in Kansas City, Howie Roseman in Philadelphia and Mike Brown in Cincinnati holding players to fifth years at a lower price. There's a reason Pioli went on last week in his press conference with local writers about why he loved picking at 11. That's where the more team-friendly numbers begin.
In case you're interested, the difference in fifth-year numbers for defensive ends picked in the top 10 versus in the final 22 picks of round one ($4.3 million), and defensive tackles ($2.6 million), could come into play because of the big numbers of each position in the first round. "In any case,'' one club official told me over the weekend, "the old draft trade chart is obsolete.''
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Didn't know this, Thanks for the info!
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