Okay, now here is where things can get a little tricky. A few slides ago we talked about the salaries and contract lengths for Redskins rookies last season. Each had a four-year deal, but Robert Griffin III signed a deal worth more than $21 million while everyone else hovered around $2 million.
This difference is because each team has what is called a "Year One Rookie Compensation Pool." This fancy term refers to a set amount of money that each team must disperse to its rookies. It can be distributed however the team wants, but it must go to rookies.
There is a handy chart from overthecap.com that provides projections for each team's numbers this season.
The chart includes "Total Cap Estimate." This is because the rookie wage scale also places limits on the amount of money that can be spent on the total value of rookie contracts, including incentives, bonuses, etc...
Using one example from the chart, the Cleveland Browns are projected to have $5,820,766 in the Year One Compensation Pool and $31,111,340 for a Total Cap Estimate.
This means that Cleveland would be able to disperse $5,820,766 among their draft picks during this season, but the total amount of money the Browns can spend on these draft picks over four seasons is $31,111,340.
Digest all of that?
Good, you are one step ahead of your buddies in draft preparation.