Even after a busy offseason in free agency, the Indianapolis Colts have plenty of salary-cap space remaining relative to the rest of the league—and that includes the money for the draft pool.
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Though it isn’t official because none of the draft picks have signed with the Colts as of this writing, the draft class is projected to take up just over $7.9 million in salary-cap space, per Spotrac.
That’s a pretty low number considering the Colts didn’t have a first-round pick, which is usually what takes up the bulk of the draft pool money.
These are the estimated values against the cap for the draft class:
Name | Position | Selection | Estimated cap hit |
Michael Pittman Jr. | WR | Round 2, Pick 34 | $1,565,973 |
Jonathan Taylor | RB | Round 2, Pick 41 | $1,423,482 |
Jonathan Blackmon | S | Round 3, Pick 85 | $841,609 |
Jacob Eason | QB | Round 4, Pick 122 | $793,066 |
Danny Pinter | OL | Round 5, Pick 149 | $697,174 |
Robert Windsor | DT | Round 6, Pick 193 | $653,505 |
Isaiah Rodgers | CB | Round 6, Pick 211 | $646,281 |
Dezmon Patmon | WR | Round 6, Pick 212 | $642,353 |
Jordan Glasgow | LB | Round 6, Pick 213 | $642,353 |
It should be noted that these are estimates for each draft slot and the official salary cap hit for each pick could and likely will differ when it’s signed. This period is typically used for agents and the team to discuss the language of a contract.
Even with the draft pool, the Colts are projected to have just over $25 million in salary-cap space following the signings of undrafted free agent rookies and the nine selections in the draft.
So if the Colts wanted to bring in any other free agents for depth, they could. But we also know how much Chris Ballard likes to roll over to the next season so that is most likely the route they will go with their remaining salary-cap space.
The Colts’ rookie class is a blend of immediate contributors and players to develop, but the group as a whole shouldn’t have a massive impact on the salary cap.
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