Jets Rookie Contract Estimates

Since the implementation of the 2011 NFL Collective Bargaining Agreement the rookie salary cap, figuring out how much a rookie will get paid has gotten much easier as teams are only allocated a fixed amount based on the current salary cap. The Jets have an estimated obligation to the 2013 draft class of $37,412,837 over the next 4 years not including the “proven performance escalator” for the picks after the 2nd round and a 2013 cap hit of $6,916,581 according to overthecap.com.

The charts below details what each pick would be paid over the next 4 years.  For example Geno Smith the Jets 2nd round pick would get a $2,030,620 signing bonus while only taking up $912,655 on the Jets cap in 2013.  During the offseason only salaries in the team’s top 51 salaried players count on the cap so the Jets will use approximately $3.8 million in cap space on their rookies.

Estimated Rookie Contracts:

 

Dee Millner (Pick #9, Round one):

Year: Base Salary: Signing Bonus: Yearly Total:
2013 $405,000 $1,898,780 $2,303,780
2014 $980,945 $1,898,780 $2,879,725
2015 $1,556,890 $1,898,780 $3,455,670
2016 $2,132,835 $1,898,780 $4,031,615
Total: $5,075,670 $7,595,120 $12,670,790

 

Sheldon Richardson (Pick #13, Round one):

Year: Base Salary: Signing Bonus: Yearly Total:
2013 $405,000 $1,426,630 $1,831,630
2014 $862,907 $1,426,630 $2,289,537
2015 $1,320,814 $1,426,630 $2,747,444
2016 $1,778,721 $1,426,630 $3,205,351
Total: $4,367,442 $5,706,520 $10,073,962

 

Geno Smith (Pick 39, round two):

Year: Base Salary: Signing Bonus: Yearly Total:
2013 $405,000 $521,250 $926,250
2014 $636,562 $521,250 $1,157,812
2015 $868,124 $521,250 $1,389,374
2016 $1,099,686 $521,250 $1,620,936
Total: $3,009,372 $2,085,000 $5,094,372

 

Brian Winters (Pick 72, Round three):

Year: Base Salary: Signing Bonus: Yearly Total:
2013 $405,000 $155,510 $560,510
2014 $517,102 $155,510 $672,612
2015 $629,204 $155,510 $784,714
2016 $741,306 $155,510 $896,816
Total: $2,292,612 $622,040 $2,914,652

 

Oday Aboushi (Pick 141, Round five):

Year: Base Salary: Signing Bonus: Yearly Total:
2013 $405,000 $51,666 $456,666
2014 $495,000 $51,666 $546,666
2015 $585,000 $51,666 $636,666
2016 $675,000 $51,666 $726,666
Total: $2,160,000 $206,664 $2,366,664

 

William Campbell (Pick 178, Round six):

Year: Base Salary: Signing Bonus: Yearly Total:
2013 $405,000 $29,166 $434,166
2014 $495,000 $29,166 $524.166
2015 $585,000 $29,166 $614,166
2016 $675,000 $29,166 $704,166
Total: $2,160,000 $116,664 $2,276,664

 

Tommy Bohanon (Pick 215, Round seven):

Year: Base Salary: Signing Bonus: Yearly Total:
2013 $405,000 $16,720 $421,720
2014 $495,000 $16,720 $511,720
2015 $585,000 $16,720 $601,720
2016 $675,000 $16,720 $691,720
Total: $2,160,000 $66,880 $2,226,880

 

Before the draft the Jets spent $93,044,435 on the roster that counts towards the cap and have $21,654,828 in dead money, a cap hit for a player no longer with the team, and after the draft by my own estimation the Jets would of spent $96,733,079 on the top 51 players on the roster which would give them an estimated cap space of $8,140,830 from the previous estimate of $11,829,474.

By trading the 4th round pick the Jets save an estimated $467,552 signing bonus, a $521,888 hit on the 2013 cap and saved $2,627,552 over the next 4 years before the new contract for Chris Ivory who will be getting much more than that for the next 3 years.

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