fellow CFers - a popular rumor that by now most have read includes us swapping cash for Seattle's draft pick. is there a limit on how much cash we can give them? will it simply be an auction? how does the cash affect the salary cap? from what i understand, if you're over the salary cap, you're severely limited in your signing options. -you are allowed a ~$5 million MLE [every year], and a lesser LLE [every other year, i think]. -if you own a draft pick, you must sign that rookie to a guaranteed contract. -you are also allowed to sign players to minimum contracts, of which there are apparently no limits. no one on the BBS has really mentioned if there are any limits as to how many veteran minimum contracts you can give out; it's probably however many you can give to fill out your 15-man roster. but how do cash considerations work? do they count against the cap? or can you just buy someone else's pick for $10 million out-of-pocket, without the $10 mill coming off your cap? if, for example, we trade $3-4 million in cash for Seattle's pick, where does that money come from?
