Discuss football with over 60,000 fans. Free Membership. Join now!

 FAQFAQ  RegisterRegister   ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

FootballsFuture.com Forum Index
FootballsFuture.com Home

Andrew Luck will be guaranteed $14.52 million in contract

 
Post new topic   Reply to topic    FootballsFuture.com Forum Index -> Indianapolis Colts
View previous topic :: View next topic  
Author Message
stallyns


Global Moderator
FF Fanatic
Joined: 02 Dec 2004
Posts: 24034
Location: 414
PostPosted: Fri May 04, 2012 5:12 pm    Post subject: Andrew Luck will be guaranteed $14.52 million in contract Reply with quote

http://sports.yahoo.com/news/lucks-rookie-deal-14-52-213012575--nfl.html

Quote:
NFLPA documents obtained by The Sports Xchange show that Luck's salary cap charge for the No. 1 slot, as determined by the rookie wage scale negotiated in the CBA extension between the league and the union last summer, is $4,019,636. That is slightly more than the $4,004,636 salary cap charged to the Carolina Panthers for Newton's deal in 2011

Very reasonable number
Quote:
The minimum rookie salary rose by $15,000, from $375,000 to $390,000.


Quote:
Luck's deal will be part of a rookie pool of $8,572,646 awarded the Colts. The Sports Xchange reported the rookie pool allocations for this team earlier in the week. The Colts have a total of $47,149,553 to spend on rookies
so what this means is that the Colts have $47 million to sign rookies and approx $8.6 million in cap space for 2012.

The part I don't understand is that if you have 10 draft picks and 15 UDFAs and they all have base salaries of $390,000 you've already exceeded the $8,572,646 without including pro-rated signing bonuses.
_________________
Colts draft picks:
#59 - OL Jack Mewhort Ohio ST
#90 - WR Donte Moncrief Ole Miss
#166 - OLB Johnathan Newsome Ball ST
#203 - ILB Andrew Jackson Western Kentucky
#232 - OT Ulrick John Georgia ST
Back to top
View user's profile Send private message
Display posts from previous:   

Post new topic   Reply to topic    FootballsFuture.com Forum Index -> Indianapolis Colts All times are GMT - 5 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum




Powered by phpBB © 2001, 2005 phpBB Group