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.
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.