With the draft coming closer and is everybodies mind, I wish the NFL would follow suit with the NHL and NBA with rookie salary caps.With the cap system in place It prevents unproven players from holding their teams ransom...Let them prove themselves and then sign for the Big Money when the contract is up.
NHL:
ENTRY LEVEL PLAYERS
How much can Entry Level players make?
Entry Level players will be subject to a maximum annual salary (plus signing and games played bonuses) of $850,000 for 2005 and 2006 draftees; $875,000 for 2007 and 2008 draftees; $900,000 for 2009 and 2010; and $925,000 for 2011 draftees.
The maximum combined signing bonus will be limited to 10% of the player's maximum annual compensation in any year.
LINK:
http://www.nhl.com/nhlhq/cba/index.htmlEntry Level players may negotiate for performance bonuses up to a maximum of $850,000 in individual "Schedule A" bonuses per year (maximum of $212,500 per bonus). A player may also be eligible to earn individual "B" bonuses for League-wide excellence, which will, as a general matter, be paid by the League. In addition, a player will be eligible to negotiate with his club "excess" individual "B" bonuses, subject to a maximum aggregate of $2 million in any year.
How long will a player be in the Entry Level system?
Players who sign their first contract at age 18-21 are required to sign three-year Entry Level contracts; players age 22-23 will be required to sign two-year deals; and players age 24 will be required to sign a one-year Entry Level contract.
NBA
Scale Salary Amounts for First Round Draft Picks
The following are the "scale" salary amounts for the first round picks in each draft. A player's actual salary in any year may be as little as 80% or as much as 120% of the scale amount for that year. The fourth year of rookie "scale" contract is at the team's option. The percentage in the column for the fourth year is the required raise over the third year salary for a team to exercise their option. If the option for the fourth year is exercised, the team may retain the right of first refusal (make the player a restricted free agent) after the fourth year by submitting a qualifying offer. The last column designates the required percentage increase over the fourth year salary for the qualifying offer.
For example, if the number one pick in the 1998-99 draft (Michael Olowokandi) received the maximum allowable salary (120% of the scale amount) in each year, his team exercised its option for the fourth year, and his team submitted a qualifying offer for the fifth year, his total salary would be:
1998-1999 $3,125,160
1999-2000 $3,456,240
2000-2001 $3,697,440
2001-2002 $4,662,471 (26.1% raise over the 2000-2001 salary)
2002-2003 $6,061,213 (qualifying offer)
1998-99 NBA Rookie Scale
Pick 1st Year 2nd Year 3rd Year 4th Opt 5th Qualifying
1 $2,679,300 $2,880,200 $3,081,200 26.1% 30.0%
LINK:
http://members.cox.net/lmcoon/scalesome signigs from last year:
Mario Willliams 6-year, $54 million ($26.5 million guaranteed)
Reggie Bush 6-year, $51 milllion ($26.2 million guaranteed)
Vince Young 6-year, $48 million ($25.9 million guaranteed)
link:
http://www.trojanwire.com/football/reggie-bushs-contract.php as opposed to sydney crosby: cap hit $3.7 mill,$850K per year with $850k rookie bonus link:http://www.nhlnumbers.com/
Let them make the millions in endorsements.Personal conduct & succsess in and out of the game count.No more holding your team ransom!!!! JMHO