Post by GordonG on Mar 20, 2018 15:12:37 GMT -5
This is a subject I have seen very little written about. While a great deal is talked about only 51 salaries counting during the off season, the bottom line is what the lowest player CAP hit is on the 53 man roster. This year that figure is 480k which represents the CAP for a late round draft pick or an UDFA .
The following link gives you the ranges of total compensation including bonuses for each pick for each round. It is important to remember that the bonuses will be prorated over a five year period. Therefore, most of the first year total CAP hit is much less than the total compensation shown. overthecap.com/draft/
The first pick of the third round CAP hit 746k. Subtract 480k for the lowest player CAP and we see the impact is minimal. A team with the first pick of each round would need a total of approximately 550k in CAP space to sign all their selections rounds 2-7. Now lets focus on rounds 1 and 2 for the Giants.
Without a trade down, rounds 1 and 2 will occupy 7mm in CAP space. Since the Giants do not have all their picks. there will be no impact to rounds 3-7. A trade down from #2 to #6 saves 1.3mm in CAP space. A trade down to #8 saves 2mm in CAP space. To gain 3mm requires a trade down to @13. Almost 4mm is gained by trading down to the end of round 1. If I take the median CAP hit for round 1, picking up an additional round 1 pick occupies about an net impact of 1.8mm.
So trading down out of the t#2 pick would very likely save at least half the CAP impact of adding an additional round 1 pick. From a pure CAP point of view, trading down makes sense. Taking a look at the median CAP impact of a 2nd round pick which is 1.046mm, we immediately see that 2nd round picks are cheap. Historically, the Giants have had good success with 2nd round picks. A conceptual approach I would have as a GM would be trading down in the first round to accumulate 2nd round picks. That puts me in a good position to trade up in the second round when a really good opportunity presents itself. A great example is Landon Collins.
The following link gives you the ranges of total compensation including bonuses for each pick for each round. It is important to remember that the bonuses will be prorated over a five year period. Therefore, most of the first year total CAP hit is much less than the total compensation shown. overthecap.com/draft/
The first pick of the third round CAP hit 746k. Subtract 480k for the lowest player CAP and we see the impact is minimal. A team with the first pick of each round would need a total of approximately 550k in CAP space to sign all their selections rounds 2-7. Now lets focus on rounds 1 and 2 for the Giants.
Without a trade down, rounds 1 and 2 will occupy 7mm in CAP space. Since the Giants do not have all their picks. there will be no impact to rounds 3-7. A trade down from #2 to #6 saves 1.3mm in CAP space. A trade down to #8 saves 2mm in CAP space. To gain 3mm requires a trade down to @13. Almost 4mm is gained by trading down to the end of round 1. If I take the median CAP hit for round 1, picking up an additional round 1 pick occupies about an net impact of 1.8mm.
So trading down out of the t#2 pick would very likely save at least half the CAP impact of adding an additional round 1 pick. From a pure CAP point of view, trading down makes sense. Taking a look at the median CAP impact of a 2nd round pick which is 1.046mm, we immediately see that 2nd round picks are cheap. Historically, the Giants have had good success with 2nd round picks. A conceptual approach I would have as a GM would be trading down in the first round to accumulate 2nd round picks. That puts me in a good position to trade up in the second round when a really good opportunity presents itself. A great example is Landon Collins.