What will it cost to sign the 5th pick?

[Patler]

The fifth pick in 2005 was Cadillac Williams. The report on his contract:

5 yrs, total value of $19.1 million with escalators that could take it to $31 million. $15.1 million guaranteed.

The salary cap went up about 20% from the 2005 cap.

Are the Packers looking at a $37 million contract with $18 million guranteed? The good thing is that they can put a huge portion of that as a bonus that counts against the 2006 cap, and they will get a very expensive player who will not cost an exhorbitant amount agaist later caps, unless he turns out to be worth the cost in the later years.

[CyclonePackFan]

It's impossible to say. The value of every other pick hinges on what the #1 pick signs for. I'd say your numbers probably are what we're gonna be looking at, though. Also depends on position.

[hurleyfan]

Don't the agents and players always "slot" their expected signing compared to the previous year? Fifth last year was xx number of dollars, so this years fifth should be xx number of $$ plus an percentage increase??

[Fosco33]

Since the cap and thus the Rookie Pool has grown over '05, the cost of this year's #5 will have to be a bit larger than last year (as indicated above). Teams with higher picks get a higher rookie salary cap allocation. In most years, the salary cap increases from the year before, so there is more money allotted to teams for signing rookies. But this year, it will be a more than normal % increase since the cap was raised. Since the DRG went down from 65.5% to 59.5%, the actual impact will be more like an 8% increase over last year's #5. But with the cap only expected to increase $2M next year (2% increase), this year's draft will be more costly than next year's draft in relative impact.

[hurleyfan]

Since the cap and thus the Rookie Pool has grown over '05, the cost of this year's #5 will have to be a bit larger than last year (as indicated above). Teams with higher picks get a higher rookie salary cap allocation. In most years, the salary cap increases from the year before, so there is more money allotted to teams for signing rookies. But this year, it will be a more than normal % increase since the cap was raised. Since the DRG went down from 65.5% to 59.5%, the actual impact will be more like an 8% increase over last year's #5. But with the cap only expected to increase $2M next year (2% increase), this year's draft will be more costly than next year's draft in relative impact.
Fosco, either you are an accountant or cap-ologist for an NFL team! :smile:

[MJZiggy]

Maybe Fosco is really Patler... :razz:

[b bulldog]

way to much