Colts owner Jim Irsay has been saying a lot about the team’s first overall pick on Twitter, even if much of it is indecipherable. Colts G.M. Ryan Grigson provided on Wednesday a Twitter-free update regarding the team’s plans.
“We’ve exhausted the process, pretty much made up our mind,” Ryan Grigson said at a pre-draft press conference, according to the Indianapolis Star. “We’re going to go from there.’’
The Colts could sign the first pick to a contract now, if the Colts choose to do so. The fact that the rookie wage scale significantly reduces the available money and streamlines the negotiating process means that it would be much easier to work out a pre-draft deal than it was in past years, especially since the contracts for last year’s first-round picks came together quickly after the lockout ended.
There’s a difference this year. Last year, the formula for allocating the salaries and cap numbers for the rookies was leaked, making it harder for the players’ agents to get more than what had been earmarked when compiling the new rookie pool. This year, if the formula isn’t leaked, there will be more room for individual negotiation — even if it means that rookies from the same team will essentially be picking money out of each other’s pockets.