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How much will the Colts' draft picks make? It's a lot more complicated than just saying "look at last year's contract". We need to factor in salary cap increases, year to year contractual increases and make some other estimates.
With an 8.37% increase expected in the salary cap (the largest since 2006), we can expect some sizeable increases in each rookie contract.
The signing bonus' for the first three draft picks will increase by 11.69% as every signing bonus from 2014 to 2015 increased by 15% (average of 15% and 8.37% is 11.69%).
Ryan Kelly
The 18th overall pick's contract increased by 11.92% in 2015 (compared to 2014). If we factor in that 11.92% increase and the 8.37% increase in the salary cap, we can estimate that Kelly's increase will be approximately 10.15% (finding the average of the two). That means that we can expect his contract to look like this:
4 years, $10,556,949 with a $5,841,717 signing bonus
With the cap number equivalent to 18.18% (based on the 2015 contract) of the total value of the contract, we can expect to see a cap hit of:
$1,919,253 -- Cap Hit
T.J. Green
The 57th overall pick's contract increased by 7.83% in 2015 (compared to 2014). If we factor in that 7.83% increase and the 8.37% increase in the salary cap, we can estimate that Green's increase will be approximately 8.1%. That means that we can expect his contract to look like this:
4 years, $4,291,592 with a $1,281,406 signing bonus
With the cap number equivalent to 18.18% of the total value of the contract, we can expect to see a cap hit of:
$780,211 -- Cap Hit
Le'Raven Clark
The 82nd overall pick's contract increased by 5.50% in 2015 (compared to 2014). If we factor in that 5.50% increase and the 8.37% increase in the salary cap, we can estimate that Clark's increase will be approximately 6.94%. That means that we can expect his contract to look like this:
4 years, $3,216,774 with a $752,809 signing bonus
With the cap number equivalent to 19.87% of the total value of the contract, we can expect a cap hit of:
$639,172 -- Cap Hit
Hassan Ridgeway
The 116th overall pick's contract increased by 4.68% in 2015 (compared to 2014). If we factor in that 4.68% increase and the 8.37% increase in the salary cap, we can estimate that Ridgeway's increase will be approximately 6.53%. It's always worth noting that the 116th overall pick's signing bonus increased by only 14.54% (instead of 15%). His signing bonus would increase by 11.46%. That means that we can expect his contract to look like this:
4 years, $2,972,098 with a $568,353 signing bonus
With a cap number equivalent to 20.16% of the total value of the contract, we can expect a cap hit of:
$599,208 -- Cap Hit
Antonio Morrison
The 125th overall pick's contract increased by 4.50% in 2015 (compared to 2014). If we factor in that 4.50% increase and the 8.37% increase in the salary cap, we can estimate that Morrison's increase will be approximately 6.44%. The 125th overall pick's signing bonus increased by only 14.08% (instead of 15%). His signing bonus would increase by 11.23%. That means that we can expect his contract to look like this:
4 years, $2,931,858 with a $527,754 signing bonus
With a cap number equivalent to 20.10% of the total value of the contract, we can expect a cap hit of:
$553,648 -- Cap Hit
Joe Haeg
The 155th overall pick's contract increased by 3.49% in 2015 (compared to 2014). If we factor in that 3.49% increase and the 8.37% increase in the salary cap, we can estimate that Haeg's increase will be approximately 5.93%. The 155th overall pick's signing bonus increased by only 12.57% (instead of 15%). His signing bonus would increase by 10.47%. That means that we can expect his contract to look like this:
4 years, $2,643,326 with a $237,899 signing bonus
With a cap number equivalent to 19.59% of the total value of the contract, we can expect a cap hit of:
$517,827 -- Cap Hit
Trevor Bates
The 239th overall pick's contract increased by 3.03% in 2015 (compared to 2014). If we factor in that 3.03% increase and the 8.37% increase in the salary cap, we can estimate that Bates' increase will be approximately 5.7%. The 239th overall pick's signing bonus increased by 18.63% (instead of 15%). His signing bonus would increase by 13.50%. That means that we can expect his contract to look like this:
4 years, $2,471,810 with a $67,083 signing bonus
With a cap number equivalent to 19.23% of the total value of the contract, we can expect a cap hit of:
$475,329 -- Cap Hit
Austin Blythe
The 248th overall pick's contract increased by 2.98% in 2015 (compared to 2014). If we factor in that 2.98% increase and the 8.37% increase in the salary cap, we can estimate that Blythe's increase will be approximately 5.68%. The 248th overall pick's signing bonus increased by 16.55% (instead of 15%). His signing bonus would increase by 12.46%. That means that we can expect his contract to look like this:
4 years, $2,466,034 with a $60,157 signing bonus
With a cap number equivalent to 19.21% of the total value of the contract, we can expect a cap hit of:
$473,725 -- Cap Hit
The expected total cap hit from the Colts draft selections in the 2016 draft class will be: