So much for being a poor football-playing college student. A handful of the SEC’s best football players now find themselves in the top 1% of wage-earners in the world. Jon Cooper from Saturday Down South gives us some of the details.
Don’t spend it all at once, gentlemen.
Several new multi-millionaires were made Thursday night at the NFL Draft.
First-round draftees receive four-year contracts, and the teams also get a fifth-year option to hold onto the rights of that player.
The NFL does have strict guidelines on the contracts that drafted rookies receive upon entering the league. The salary cap and the Rookie Compensation Pool both dictate the contract amounts for rookies in the league.
The biggest story of the night was no doubt Laremy Tunsil’s social media accounts. With Tunsil falling past pick No. 12, he lost a ton of money over the next four years.
Assuming Laremy Tunsil would have gone 6th to the Ravens instead of Ronnie Stanley, he lost a little more than $8M over 4 years.
— Joel Corry (@corryjoel) April 29, 2016
Here’s a look at the projected salaries of the newly drafted SEC players from Thursday night, all in millions, as projected by the International Business Times. I’ve included the No. 1 pick Jared Goff for reference:
|1||Jared Goff, Cal||$28.65|
|9||Leonard Floyd, UGA||$16.26|
|11||Vernon Hargreaves III, Florida||$14.45|
|13||Laremy Tunsil, Ole Miss||$12.76|
|17||Keanu Neal, Florida||$11.02|
|18||Ryan Kelly, Alabama||$10.73|
|23||Laquon Treadwell, Ole Miss||$10.1|
|30||Robert Nkemdiche, Ole Miss||$8.79|
|32||Germain Ifedi, Texas A&M||$8.45|