Hello MHR, this is my first post. I read an interesting Washington Post article today that has a proposal for a rookie wage scale. I believe that a rookie wage scale would be benficial to the game, players, and fans (and hopefully help prevent future lockouts). What are your thoughts on this proposal? What would a proposal that you put together look like? I think I would add some performance bonuses to this proposal (Rookie of the Year and such).
Under our proposal, mandatory contract lengths would be five years for first-round players (six years for quarterbacks), four years for second- through seventh-round picks and three years for undrafted rookies (as I was). Players and teams would be able to renegotiate and extend the initial contracts of first-round rookies after year three, and after year two for all other rookies.
Under the proposal, the first pick in the draft would sign a five-year contract and receive a $5.34 million signing bonus and $1.5 million salary his rookie year, even if he does not play a single down. In years two and three, his salary would be set at $1.7 million and $1.9 million, respectively. His fourth- and fifth-year salaries would rise to $2.3 million and $2.9 million for a total package of $15.6 million. (If he is a quarterback, he would be paid $4.3 million in year six.) The first pick would still be paid well, but at a much more reasonable level than under the current system.