And that is not how you came up with $5m.
You're talking around the issue again. I am not eating the red herring.
when you build these types of models, you make estimates to parametrize things otherwise a lot of things can simply not be estimated.
you may not like it and call it handwaving, but lots of people call social sciences handwaving.
this is not engineering, so open your mind a little just because you can calculate the exact inductance of a circuit.
for the 5m, i obviously considered previous history when big contracts that were spent.
second you consider the large amount of contracts near the vet min, and those are not typically signed at the beginning of free agency.
then you consider how many real players were on the rosters already.
chances are teams would not be signing more than 2-3 players after that point in term with contracts much above the vet min.
then you consider the rule of 51 and subtract the min from the likely contract.
so i choose $5M as the upper bound given all these factors.
you named these players that would get huge contracts, and there was only one.
that is in keeping with history.
you named the QBs that would get the huge contracts - where are they?
told you that was not going to happen.
when you mentioned the RFA, you were correct.
however, fact of the matter is the $5M estimate was probably correct.