re: NFL Rookie Wage Scale - good or bad?

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In theory it was good but it has directly resulted in teams slashing vets from their rosters in favor of cheap young players at every position with the exception of QB.

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It also accelerated the use of younger RBs. It was already a position where you might get 3-5 good years out of a player, but if you drafted one in the 1st or 2nd and had a huge contract, you were more likely to hold on to them. Now you just draft another one and let the veteran go.