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Details Emerge on Kirk Cousins' Rookie Contract

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Old 05-02-2012, 04:57 PM   #1
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Details Emerge on Kirk Cousins' Rookie Contract

As well as that of the other rookie QB

http://redskins.espn980.com/bloggers/chris-russell/item/488-rg-iiis-$-kirk-what-is-still-missing

About the star, as in Robert Griffin III. ESPN 980 through two league sources has obtained contract information for what his rookie deal with the Washington Redskins will look like, with little or no variance.


Per the league sources, the NFL released the 'rookie allocation numbers' today to determine rookie contracts. Griffin's first contract under the current CBA will be four years. and worth a total of 21.12 million dollars, with that amount "fully guaranteed."


Griffin III's actual signing bonus according to the sources, will be 13.8 million, again fully guaranteed. For comparison under the current rookie system, last year's # 2 overall pick, Von Miller of the Denver Broncos received 13. 77 million as a signing bonus and had a 21.0 million payment.


As ESPN 980 first reported in mid-April, Griffin III's salary cap figure was expected to be about 4.0 million with a 5% increase factored in, year over year. Instead, Griffin III's first contract will cost the Redskins 3.840 million under the 2012 salary cap.


The breakdown is not a simple across the board, 21.12 million divided by four years.


As for Cousins, his fourth round selection (7th overall), carried a 494,000 cap figure for the first year of the CBA, last year for an equivalent pick. The expected cap figure is 508,000 in 2012.


If you factor in Rex Grossman's reported one-year, 1.3 million dollar contract, assuming he makes the Week 1 roster, which barring catastrophic injury -- he surely will, the Redskins will be spending approximately 5.8 million dollars of their 120.6 M salary cap on three quarterbacks in 2012.


Overall, the Redskins rookie allocation pool is 7.48 million under the salary cap for the sum of their draft picks.
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Old 05-03-2012, 03:08 AM   #2
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Re: Details Emerge on Kirk Cousins' Rookie Contract

Can't tell if its a good, or bad thing lol ..
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Old 05-03-2012, 05:19 AM   #3
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Re: Details Emerge on Kirk Cousins' Rookie Contract

If their contracts are signed and they are in camp on time, then it's definitely a good thing.
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Old 05-03-2012, 07:06 AM   #4
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Re: Details Emerge on Kirk Cousins' Rookie Contract

It's a good thing. It's a skill position with a controlled market price on unproven talent. Cousins going where he did clearly makes that pick the most value laden of the 3. Little cost with b- to c+ upside.
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Old 05-03-2012, 08:17 AM   #5
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Re: Details Emerge on Kirk Cousins' Rookie Contract

there are teams that spend that on thier back up qb
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Old 05-03-2012, 01:32 PM   #6
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Re: Details Emerge on Kirk Cousins' Rookie Contract

The League minimum salary for rookies is $390k in 2012, so a $504k cap hit really isn't much at all.
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Old 05-05-2012, 02:42 PM   #7
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Re: Details Emerge on Kirk Cousins' Rookie Contract

Quote:
Originally Posted by Meks View Post
Can't tell if its a good, or bad thing lol ..

If RG3 and Cousins play well, it is a good thing.

If they stink out the stadium, it is a bad thing.

Hope that helps...
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Old 05-05-2012, 02:56 PM   #8
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Re: Details Emerge on Kirk Cousins' Rookie Contract

Rookie contracts for the top picks, especially QBs like Newton, Luck and Griffin, are the very best bargains in football... provided the players pan out as projected.
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Old 05-05-2012, 05:36 PM   #9
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Re: Details Emerge on Kirk Cousins' Rookie Contract

Quote:
Originally Posted by sportscurmudgeon View Post
If RG3 and Cousins play well, it is a good thing.

If they stink out the stadium, it is a bad thing.

Hope that helps...
Solid logic test..........
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