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Effect of the rookie salary schedule

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PFF has a series on evaluating the cost effectiveness of teams. One trend that emerged from this analysis was how the old and new Collective Bargaining Agreements affected the value of high draft picks over the past five years. The results are exactly as you would expect, with players in their rookie contract in the new CBA being undervalued, and those in their rookie contract from the old CBA being overvalued. What might surprise you is just how exceptionally true that is.

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