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Old 05-06-2006, 12:25 PM   #1
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Default Interesting read .. look how cheap each guy is !!!!!!!!!!!!!!!!!

first wanted to start by adding a report on the rookie pool from KFFL:

ESPN.com's Len Pasquarelli reports the National Football League allocated the Pittsburgh Steelers $3,852,681 under the 2006 rookie salary cap pool.


Now, not that this in any way really effects the remainder of the post, it was just some useful information. Some information that does effect the remainder of the post, when the CBA was extended, there is a rule specific to draft pick contracts that was put into place. The rule states:

Rookie Contracts -- Picks 1-16 - 6 year maximum contract length; Picks 17-32 - 5 year maximum contract length; 2nd and lower round players - 4 years maximum contract length. No renegotiated contracts for 2 years. No other new limits on rookie contracts. 5% of TFR cap growth on rookie pool. (Note, TFR is total football revenue).


That does effect the contracts and guesstimates. The Steelers have 9 draft picks and the important thing to note is only 1 is in the first two rounds, which means two things, only one will see a substantial contract and I do not see the Steelers changing their status on 3rd round and lower picks so only one will be signed for more than 3 years. So, here are my guesstimates at the rookie deals.......

WR Santonio Holmes (Ohio State/No. 25 selection overall). Signing bonus: $5,000,000. Base salaries: $325,000 (2006); $510,000 (2007, plus $2,000,000 option bonus); $640,000 (2008); $700,000 (2010); $800,000 (2011).Total: five years, $7,475,000. Salary cap charge: $825,000.

FS Anthony Smith (Syracuse/No. 83 overall): Signing bonus: $490,000. Base salaries: $275,000 (2006); $350,000 (2007); $425,000 (2008). Total: three years, $2,050,000. Salary cap charge: $525,000.

WR Willie Reid (Florida State/No. 95 overall): Signing bonus: $460,000. Base salaries: $275,000 (2006); $350,000 (2007); $425,000 (2008). Total: three years, $1,790,000. Salary cap charge: $460,000.

OT Willie Colon (Hofstra/No. 131 overall): Signing bonus: $310,000. Base salaries: $275,000 (2006); $350,000 (2007); $425,000 (2008). Total: three years, $1,410,000. Salary cap charge: $365,000.

DE Orien Harris (Miami/No. 133 overall): Signing bonus: $305,000. Base salaries: $275,000 (2006); $350,000 (2007); $425,000 (2008). Total: three years, $1,406,000. Salary cap charge: $364,000.

QB Omar Jacobs (Bowling Green/No. 164 overall): Signing bonus: $120,000. Base salaries: $275,000 (2006); $350,000 (2007); $425,000 (2008). Total: three years, $1,242,000. Salary cap charge: $323,000.

TE Charles Davis (Purdue/No. 167 overall): Signing bonus: $115,000. Base salaries: $275,000 (2006); $350,000 (2007); $425,000 (2008). Total: three years, $1,238,000. Salary cap charge: $322,000.

C Marvin Philip (California/No. 201 overall): Signing bonus: $68,000. Base salaries: $275,000 (2006); $350,000 (2007); $425,000 (2008). Total: three years, $1,122,000. Salary cap charge: $293,000.

RB Cedric Humes (Virginia Tech/No. 240 overall): Signing bonus: $34,000. Base salaries: $275,000 (2006); $350,000 (2007); $425,000 (2008). Total: three years, $1,086,000. Salary cap charge: $284,000.


Now, that would place the total rookie salary cap charge at $3,761,000, about $100,000 under the limit given by the NFL. It would increase our overall salary cap by $1,136,000.
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Old 05-06-2006, 01:21 PM   #2
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Default Re: Interesting read .. look how cheap each guy is !!!!!!!!!!!!!!!!!

That's if all of them make the team.
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Old 05-06-2006, 01:41 PM   #3
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Default Re: Interesting read .. look how cheap each guy is !!!!!!!!!!!!!!!!!

true true, but for each that does ... will still be very cheap !
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Old 05-06-2006, 06:29 PM   #4
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Default Re: Interesting read .. look how cheap each guy is !!!!!!!!!!!!!!!!!

That also means if you've got a situation where you have a choice between a Willie Colon and a Barrett Brooks, it's an pretty easy decision to keep the younger guy who makes 275k and cut the washed up dude who makes 660k.
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Old 05-06-2006, 07:43 PM   #5
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Default Re: Interesting read .. look how cheap each guy is !!!!!!!!!!!!!!!!!

Quote:
Originally Posted by Suitanim
That also means if you've got a situation where you have a choice between a Willie Colon and a Barrett Brooks, it's an pretty easy decision to keep the younger guy who makes 275k and cut the washed up dude who makes 660k.
you would never think a 15-1 team would cut a proven veteran longsnapper, and rely on an unknown rookie for such an important job. thats exactly what the steelers did. and won the sb. those pennies saved add up to $$$.
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Old 05-06-2006, 07:50 PM   #6
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Default Re: Interesting read .. look how cheap each guy is !!!!!!!!!!!!!!!!!

Quote:
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That also means if you've got a situation where you have a choice between a Willie Colon and a Barrett Brooks, it's an pretty easy decision to keep the younger guy who makes 275k and cut the washed up dude who makes 660k.

and/or cut the never was dude who gets called for an Illegal Procedure Penalty that takes the Steelers out of FG range.

Cough....Cough!! New England Game....Cough.....Cough!!
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Old 05-06-2006, 08:09 PM   #7
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Default Re: Interesting read .. look how cheap each guy is !!!!!!!!!!!!!!!!!

The Sta-puft marshmellow man strikes again!
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Old 05-06-2006, 10:15 PM   #8
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Default Re: Interesting read .. look how cheap each guy is !!!!!!!!!!!!!!!!!

Quote:
Originally Posted by Suitanim
That also means if you've got a situation where you have a choice between a Willie Colon and a Barrett Brooks, it's an pretty easy decision to keep the younger guy who makes 275k and cut the washed up dude who makes 660k.
Besides you know if he still wants to play that bad, they'll be able to bring him back at a lesser amount..or just renegoiate a half dozen other players contracts to make room for him.
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Old 05-07-2006, 07:00 AM   #9
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Default Re: Interesting read .. look how cheap each guy is !!!!!!!!!!!!!!!!!

I was thinking on draft day when we dumped our senond rounder that we were looking to come in cheaper anyway. We have some big contracts coming up in the near future, it wasn`t all about this year. Props Steelers
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Old 05-07-2006, 02:30 PM   #10
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Default Re: Interesting read .. look how cheap each guy is !!!!!!!!!!!!!!!!!

those contracts do make all the different in the world though if even 1 or 2 of those guys pan out because it gives you the ability to save money down the road when a guy who is up to make a few million and you have someone in the wings that is p and coming and you need to make that decision in who to keep if close to the cap. There is only one position we are possibly weak at (though i wont throw it out there do to a possiblity chatroom riot) we are pretty damn strong everywhere else. Next years draft will be Lb's and Cb's for sure and we should get a few of the top ones so we are looking very good at present and future.
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