Here's what the different rounds mean as far as what a Cornerback contract looks like for rookies (
2009 rookie contracts):
1st round (Pick 14, 14th pick of round): CB Malcolm Jenkins (5-years, $19M; $11M guaranteed)
2nd round (Pick 48, 16th pick of round): DB Darcel McBath (4-years, $3.85M; $2.01M guaranteed)
3rd round (Pick 80, 16th pick of round): CB Kevin Barnes (4-years, $2.532M; $782,500 signing bonus)
4th round (Pick 112, 12th pick of round): CB Glover Quinn (4-years, $2.24M; ~$490K signing bonus)
5th round (Pick 148, 12th pick of round): CB Brandon Hughes (4-years, $1.936M: $186,650 signing bonus)
6th round (Pick 183, 10th pick of round): CB Cary Harris (4-years, $1.856M; $108,650 signing bonus)
7th round (Pick 220, 11th pick of round): DB Ellis Lankster (4-years, $1.8M; ~$59K signing bonus)
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Basically, 1st 2 rounds and you're getting a boatload of guaranteed money. Third and 4th rounds, you're getting a hefty signing bonus ($400k-$800k). After that, you're looking at $200k or less in signing bonus.
My advice to Jimmy would be:
- 1st or 2nd round grade is a no brainer. Tear it up in the NFL.
- 3rd or 4th round grade is a decision. Good chunk of change, but with all the expenses you'll have (agent, family, friends, taxes, home, etc.) you won't really be rich until your second contract.
- 5th, 6th or 7th is reason to stay at CU. You'll improve your draft status and make yourself a ton of extra money by refining you game under Brown another year.