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The Money Clip: Baltimore Ravens Salary Cap Analysis - THE MONEY CLIP: Contract details of all Ravens' '08 draft picks

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THE MONEY CLIP:  Contract details of all Ravens' '08 draft picks
1ST ROUND PICK – QB JOE FLACCO:
 
SIGNED: 5-year deal, $8.75M in guaranteed money, maximum total value of close to $30M. 
 
Flacco received a $1.005 M roster bonus this season and roster bonuses of $2.1 million in each of his final four seasons. He’ll receive a $4.96M option bonus in 2009. The deal also has escalators each year from 2009 to 2012 and a $2.1M NLTBE incentive in 2012.
 
The $8.75M guaranteed money is likely as follows:  $1.005M + $4.96M + $2.1M + $295K + $385K = $8.745M.  Basically, all money due in the first 2 years is guaranteed.
 
Flacco’s Salary Cap charges will be as follows:
 

Year

Signing
Bonus
Roster Bonus
Base
Salary
Cap
Charge
 
2008
 
1,005,000
295,000
1,300,000
2009
4,960,000
2,100,000
385,000
3,725,000
2010
 
2,100,000
710,000
4,050,000
2011
 
2,100,000
1,035,000
4,375,000
2012
 
2,100,000
1,360,000
4,700,000
 
Note:  Flacco’s contract contains escalator and incentive clauses that will likely alter his future Base Salaries and Cap Charges.
 
 
2ND ROUND PICK – RB RAY RICE:
 
SIGNED:  4-year deal, Signing Bonus of $, with base salaries of $295K (2008), $385K (2009) and $470K (2010) and $555,000 (2011). 
 
Rice’s Salary Cap charges will be as follows:
 
 

Year

Signing
Bonus
Base
Salary
Cap
Charge
 
2008
$1,100,000
295,000
570,000
2009
 
385,000
660,000
2010
 
470,000
745,000
2011
 
555,000
830,000
 
 
3RD ROUND PICK – ILB TAVARES GOODEN:
 
SIGNED:  3-year deal, Signing Bonus of $610,100, with base salaries of $295K (2008), $385K (2009) and $470K (2010). 
 
Gooden’s Salary Cap charges will be as follows:
 

Year

Signing
Bonus
Base
Salary
Cap
Charge
 
2008
$610,000 
295,000
498,366
2009
 
385,000
588,366
2010
 
470,000
673,368
 
 
3RD ROUND PICK – S TOM ZBIKOWSKI:
 
SIGNED:  3-year deal, Signing Bonus of $516,000, with base salaries of $295K (2008), $385K (2009) and $470K (2010). 
 
Zbikowski’s Salary Cap charges will be as follows:
 

Year

Signing
Bonus
Base
Salary
Cap
Charge
 
2008
$516,000 
295,000
467,000
2009
 
385,000
577,000
2010
 
470,000
642,000
 
 
3RD ROUND PICK - ONEIL COUSINS:
 
SIGNED: 3-year deal, Signing Bonus of $443,500, with base salaries of $295K (2008), $385K (2009) and $470K (2010). 
 
Cousins’ Salary Cap charges will be as follows:
 

Year

Signing
Bonus
Base
Salary
Cap
Charge
 
2008
$443,500 
295,000
442,833
2009
 
385,000
532,833
2010
 
470,000
617,834
 
 
4TH ROUND PICK – WR MARCUS SMITH:
 
SIGNED:  3-year deal, Signing Bonus of approximately $369,000, with base salaries of $295K (2008), $385K (2009) and $470K (2010). 
 
Smith’s Salary Cap charges will be as follows:
 

Year

Signing
Bonus
Base
Salary
Cap
Charge
 
2008
$369,000 
295,000
418,000
2009
 
385,000
508,000
2010
 
470,000
593,000
 
 
4TH ROUND PICK – OT DAVID HALE:
 
SIGNED:  3-year deal, Signing Bonus of approximately $300,000, with base salaries of $295K (2008), $385K (2009) and $470K (2010). 
 
Hale’s Salary Cap charges will be as follows:
 

Year

Signing
Bonus
Base
Salary
Cap
Charge
 
2008
$300,000 
295,000
395,000
2009
 
385,000
485,000
2010
 
470,000
570,000
 
 
6TH ROUND PICK – S HARUKI NAKAMURA
 
SIGNED:  3-year deal, Signing Bonus of $53,000, with base salaries of $295K (2008), $385K (2009) and $470K (2010). 
 
Nakamura’s Salary Cap charges will be as follows:
 

Year

Signing
Bonus
Base
Salary
Cap
Charge
 
2008
$53,000 
295,000
312,666
2009
 
385,000
402,666
2010
 
470,000
487,668
 
 
7TH ROUND PICK – WR JUSTIN HARPER
 
SIGNED:  3-year deal, Signing Bonus of $44,000, with base salaries of $295K (2008), $385K (2009) and $470K (2010). 
 
Harper’s Salary Cap charges will be as follows:
 

Year

Signing
Bonus
Base
Salary
Cap
Charge
 
2008
44,000
295,000
309,666
2009
 
385,000
399,666
2010
 
470,000
484,668
 
 
7TH ROUND PICK – RB ALLEN PATRICK
 
SIGNED:  3-year deal, Signing Bonus of $32,000, with base salaries of $295K (2008), $385K (2009) and $470K (2010). 
 
Patrick’s Salary Cap charges will be as follows:
 

Year

Signing
Bonus
Base
Salary
Cap
Charge
 
2008
$32,000 
295,000
305,666
2009
 
385,000
395,666
2010
 
470,000
480,668
 
 
Photo by Kevin Moore

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