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Originally Posted by NaptownChief
A couple things...First off the Fins don't have a 2nd round pick because of their brilliant AJ Feeley trade, they also don't have a 3rd round pick because of the Lamar Gordon trade with the Rams.
As for the guaranteed contracts comment I believe you are thinking of the NBA where 1st rounders get a guaranteed 3 year deal and 2nd rounders don't...NFL isn't like that...Only thing guaranteed is the signing bonus that is put in their hand. Granted because the signing bonuses are getting so big that it is becoming more popular for part of the bonus to be deferred but other than the guaranteed bonuses in the contracts virtually nothing else is.
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Within the regular NFL salary cap is a second, or sub-cap, for signing rookies (including draft picks), which takes into account the number and placement in the draft order of each team's picks. Each team gets a certain share of a predetermined total amount of money (the "rookie pool") to spend on rookies. Since this money is counted against the overall cap, it's actually a cap within the cap.
For 2004 the Raiders will be allowed to spend up to $5,170,440 in cap money to sign their rookies (both drafted and undrafted).
In 2002 the NFL allocated an average of about $3.8 million per team, but the allocated amount varied from team to team depending on the number of draft picks they had. The Raiders' 2002 allocation for signing rookies was $4,254,000.
http://www.vertgame.com/rookie_pool.html
While it is true the contracts aren't fixed the numbers are pretty well set by this Rookie Cap within the Cap situation. So Miami might get allotted more money with 2 first round drafts but would be pushed over the top in the overall cap. This is what I was referring to.
But if Miami doesn't have a 2nd pick then this is a dead idea.