Less than two weeks after the NFL draft and approximately 27 percent of the players selected have already signed with their new teams.
The Chicago Bears have signed all their draft picks. The Ravens have signed seven of their nine picks. The Patriots have signed seven of their nine picks.
Four first round picks have signed, including Saints wide receiver Brandin Cooks, who was picked 20th overall or one slot behind Dolphins first-round pick Ja'Wuan James.
The Dolphins, according to NFLPA records, have not yet signed any of their draft picks.
They will. Eventually.
My guess is Dawn Aponte, Miami's chief contract guru, will get some signatures on deals by the end of this week before rookies begin a mandatory rookie minicamp on Friday. Aponte is known in agent circles as something of a tough negotiator (she really, really stuck to the offset language thing in her rookie deals years ago) and has been applauded in league circles for authoring the compromise to the offset language thing (done in the Ryan Tannehill deal) by making payments sooner.
Despite all this hero-villian characterization of Miami's lead contract negotiator, rookie deals are pretty straight forward. Everyone gets a four-year deal with the first round pick getting a fifth year team option.
Every pick after the third round will only earn compensation that is equal to the minimum salary for each year. That means base salaries of $420,000 for rookies, $510,000 for second-year players, $600,000 in Year Three, and $690,000 in the fourth year over the course of the contract.
Yes, later round picks will fight the idea of split salaries that guard teams paying a total bill for a player that lands on injured reserve. But this stuff isn't rocket science, folks.
Indeed, most draft pick deals can be estimated to within less than five percent of the actual deal.
Below you'll find the Dolphins' seven draft picks and what they are likely to sign for, according to overthecap.com's solid estimates. The actual contract will likely be (+-) two percent from the figures shown.
All that remains is for the Dolphins to actually get it done. Giddyup!
Round Player Overall pick Contract estimate
1. Ja'Wuan James 19 4 years, $8.45M with $4.5M signing bonus.*
2. Jarvis Landry 63 4 years, $3.48M with $847K signing bonus.
3. Billy Turner 67 4 years, $3.1M with $700K signing bonus.
4. Walt Aikens 125 4 years, $2.63M with $416K signing bonus.
5. Arthur Lynch 155 4 years, $2.41M with $191K signing bonus.
5. Jordan Tripp 171 4 years, $2.38M with $162K signing bonus.
6. Matt Hazel 190 4 years, $2.35M with $105K signing bonus.
7. Terrence Fede 234 4 years, $2.27M with $56K signing bonus.
* denotes fifth-year team option.