The whole point of the salary schedule implemented in the recent(ish) CBA was to stop unproven rookies from getting paid huge amounts of money while never actually contributing (see Jamarcus Russell). Are top rookies underpaid for a few years? Sure, but the whole point is that there's more money to go around to pay vets their due.
The only "better" solution would be strictly pay-based performance, and I doubt anyone would want that.
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