Can someone explain something to me - I find contract schenanigans for American sports really hard to follow. If the Cowboys are $1m over the cap now, does that include some kind of projection for their draft picks and how much they are paid or will they have to make more room at a later date?
So from now (early March) to the start of the season, only the Top 51 cap numbers + the pro-rata bonus numbers of the rest of the roster count against the cap. That also includes any dead money from guys no longer on the roster.
What's the reason for this? Well, rosters balloon to 90 as we get to training camp and such, and about 35 of those guys are going to be UDFAs or just FAs that will be getting non-guaranteed contracts (literally day-by-day).
So with rookie contracts, in all likelihood, only the guys drafted in the first four rounds will fall within the "Top 51." But, remember, that's a fixed 51 so those four (or more or less) guys will be
replacing other contracts. In other words, rookie contracts don't cause that much movement in regards to the cap.
When people talk about the "rookie cap," it's not a separate cap number. It's just how much money is allocated based on the number of picks that a team has.
Anyways, little known fact that is rarely explained by ESPN or even NFL Network. I believe Brandt wrote about this last year.