Quote:
Originally Posted by kccrow
I think I've explained effective salary cap for rookies like every year for 10 years straight in the draft forum... maybe not 10, because I haven't been here 10 years, but ****ing A.......
It's only going to "effectively" (see also net cap effect) cost the Chiefs an estimated max of about $1.1 million in 1st-year salaries for their draft class. Total actual salaries are close to $4.5 million but like was mentioned by bigjosh, not all salaries count against the cap. The $1.1 million represents the rise in costs over the bottom x number of players being replaced by draft picks. The cost of players being replaced is always assumed to be 480,000 for estimation purposes. In the case of the Chiefs, that number should be higher, and depress that $1.1 down closer to about $500k.
All told, the Chiefs need very little cap space to sign their draft class.
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Joel Corey says they need $2 million this year because they don’t have a first rounder but once again, cap space is imperative.
Teams can’t sign draftees if they’re at or over the cap.