With the new rookie salary pool (“rookie cap”), as instituted by the league’s 2011 CBA, there really isn’t a lot of mystery about the size and scope of rookie contracts as is it basically now a slotted system.
Based on those “slots” each team is given a “first year rookie allocation”, which is the maximum amount of total 2017 Cap numbers the team can spend on its rookie class. For 2017, the Ravens first year rookie allocation is $6,197,516.
For early 1st round picks, offset language can often be an issue (see the Joey Bosa/Chargers stand off from last offseason). Since high draft picks receive fully guaranteed contracts, teams often look for offset language which allows them to recoup some or all of the future guaranteed money if the player is released and subsequently signs with another team. Just how much of the guaranteed money is included in the offsets is the subject of negotiation.
For 3rd round picks, while the total amount of their contract is slotted, the total compensation, after the signing bonus, works out to be a little more than the minimum base salaries, so where that extra is fit in, as far as the 2nd-4th year base salaries go, can often cause a bit of a delay.
Otherwise, the slotted system has made it much easier for teams to get their draft picks signed quickly. In fact, this year was the earliest the Ravens have ever completed the signing of their draft class.
Below is a breakdown of the contracts of all seven of the team’s 2017 draft picks:
1st Round: Marlon Humphrey (SIGNED):
Contract: 4-year deal worth $11,847,480, which is fully guaranteed. Includes a $6,756,348 Signing Bonus and the standard 5th year Option for 1st round picks.
2nd Round: Tyus Bowser (SIGNED):
Contract: 4-year deal worth $5,575,596, with a $2,194,980 Signing Bonus. Includes guarantees of $3,378,416.
3rd Round: Chris Wormley (SIGNED):
Contract: 4-year deal worth $3,559,644, with a $898,644.
3rd Round: Tim Williams (SIGNED):
Contract: 4-year deal worth $3,397,180, with a $856,680 Signing Bonus.
4th Round: Nico Siragusa (SIGNED):
Contract: 4-year deal worth $3,021,428, with a $621,428 Signing Bonus.
5th Round: Jermaine Eluemunor (SIGNED):
Contract: 4-year deal worth $2,667,164, with a $267,164 Signing Bonus.
6th Round: Chuck Clark (SIGNED):
Contract: 4-year deal worth $2,574,820, with a $174,820 Signing Bonus.