We have a very interesting story over on our news side that reveals the National Football League has proposed to divert about $300 million a year from guaranteed money for rookies to benefits and salaries for veterans.
We’ve gone a little further into that because the resolution of the labor situation and how rookies are paid could have a huge and direct impact on the Carolina Panthers, who hold the No. 1 pick in the draft.
Under the old system, that pick likely would make somewhere around $50 million in guaranteed money. According to figures obtained by ESPN.com, the past five No. 1 overall draft picks have received $180.8 million in guaranteed compensation before ever playing a down in the NFL. That’s an average of $36.169 million per player.
Last year’s top draft pick, St. Louis quarterback Sam Bradford, got $50 million guaranteed in his contract. Matthew Stafford, the top pick in 2009, was given a deal with $41.7 million in guaranteed money. Miami’s Jake Long got $30 million guaranteed when he was taken in 2008. Oakland’s JaMarcus Russell, one of the biggest busts in recent years, was given $32.019 million in 2007 and 2006 top pick Mario Williams got $27.125 million in guaranteed money.
Much of the pre-draft speculation has Carolina taking a quarterback at No. 1, and Auburn’s Cam Newton and Missouri’s Blaine Gabbert are the names that have come up most often. But drafting a quarterback early doesn’t always mean success, although it has meant big money.
The last 15 quarterbacks selected in the top 10 (going back to Michael Vick in 2001) have had contracts that guaranteed them more than $367 million. That’s an average of $24.474 million per player, and only six of those 15 quarterbacks have been selected to a Pro Bowl.
Here’s a list of those quarterbacks that includes their draft year, team and guaranteed money.
2010 Sam Bradford, Rams, $50 million
2009 Matthew Stafford, Lions, $41.7 million
2009 Mark Sanchez, Jets, $28 million
2008 Matt Ryan, Falcons, $34.75 million
2007 JaMarcus Russell, Raiders, $32.019 million
2006 Vince Young, Titans, $30.115 million
2006 Matt Leinart, Cardinals, $12.91 million
2005 Alex Smith, 49ers, $24 million
2004 Eli Manning, Giants, $24.034 million
2004 Philip Rivers, Chargers, $17.955 million
2003 Carson Palmer, Bengals $15.08 million
2003 Byron Leftwich, Jaguars, $12.282 million
2002 David Carr, Texans, $15.04 million
2002 Joey Harrington, Lions, $13.925 million
2001 Michael Vick, Falcons, $15.3 million