When you hear people talking about the contract for the first pick, many refer to 6 year deals worth X (I'm looking at you Peter King), etc. Following is a short list related to the overall contracts that are likely, and specifically the #1 overall. Very good information.
1. Every single first rounder can have a contract no more then 5 years long. No 6 year contracts allowed this year.
2. Last year and every year before the QB got a bigger contract then those around him. Look at #3 and #18 from last year.
3. The salary cap per team went up nearly 10% from last year.
4. Agents will attempt to get the equivalent contract from last year's slot plus 10%, the amount of the cap increase from last year.
5. A QB will get more then any other position.
6. The #1 pick will be around $74 mill in total for 5 years and around $35 mill guaranteed if it's a QB. It will be around $62 mill for 5 years with around $32 mill guaranteed if it's not a QB. These amounts are estimates.
7. The Lions do not need the player to actually sign the contract before the draft, just agree to the terms.
The last point is very important, as it allows the Lions to trade the pick, and yet not take a huge cap hit for having already signed the player, while still allowing them to, in essence, have the player signed. Will they pull a San Diego - New York trade ala Manning for Rivers and Picks?? We can only hope, since Sand Diego ended up with Rivers, Merriman, and their kicker...