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re: Jamal Adams to announce decision January 6th
Posted on 1/2/17 at 8:53 am to tduecen
Posted on 1/2/17 at 8:53 am to tduecen
Even 2nd and 3rd rounders should go. It is about getting the rookie contract finished faster. The 2nd contract is the big one. The NFL made sure of that after Jamarcus and Bradforder soaked up millions.
Posted on 1/2/17 at 9:12 am to Cjscore
quote:
Even 2nd and 3rd rounders should go. It is about getting the rookie contract finished faster. The 2nd contract is the big one. The NFL made sure of that after Jamarcus and Bradforder soaked up millions.
This is mostly true unless he believes he can be a first rounder. Then the bonus potential is much more lucrative. Look at last years draft and the bonuses of the Top 15. That's why Collins was better off going UNDRAFTED than drafted late. He could get to his second contract faster. His loss was about 7 million though. He can get that in year 4 if he continues to get better or signs with another team.
The money in rounds 1-2 is much different and GUARANTEED versus 3-7.
Here is an excerpt from Forbes on it:
There is also an inherent difference between draftees picked within rounds 1-2 and those between 3-7. Early round draft picks (due in large part to the large investments the teams are making) are much more likely to have their salaries guaranteed. Secondly, the NFL's collective bargaining agreement has a provision referred to as the "25% Increase Rule" which prohibits a rookie's base salary plus bonus from increasing by more than 25% each year of their contract. This is why larger bonuses then allow for a significantly increased salaries in subsequent years as compared to later round picks. The 4-year minimum base salaries for players in this year's draft are as follows: $450,000 (Year 1), $525,000 (Year 2), $600,000 (Year 3), $675,000 (Year 4).
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