Well it really depends on the team. It varies greatly team to team. Each team will have a specific amount of their salary cap to spend on rookies and undrafted free agent pick ups.
Like for Detroit they had 11 picks but could only spend $5,551,658.
Whereas Washington had 3 picks and could spend $1,214,480
The rookie pool is, essentially, a cap within a cap. A team's rookie pool allocation is part of, not an addition to, the league's $75.1 million spending limit per team.
As per the NFL Players Association, the minimum basic salary for the players is $295,000. This amount is received without any exception by a player on the active roster for a minimum of 3 games. The average basic salary for a NFL player is between $990,000 to $1.1 million annually.
They can earn 300,000 to 500,000 for the first year. If they have a good first season they have a chance to sign on for much more it also depends on how good there agent is to get more more money for them.
An 'undrafted free agent' is a player, usually fresh out of college, that was not selected in the NFL draft held every April. This player does not have his rights held by any team, therefore, he is a free agent and free to negotiate with all teams.
The average signing bonus for a free agent rookie in the NFL is $45,000. Recently the NFL capped free agent rookie signing bonuses at $75,000.
A player can be a free agent at anytime in the NFL. When a players contract is up and the team he plays for does not sign him, he will become a free agent.
In all probability ... most all players have agents to do their contract negotiations for them. A 'free agent' is a player that is not under contract and is free to negotiate with any team to secure a contract. The term has nothing to do with whether or not a player has an agent.
Make sure that they are a free agent, then sign them as a free agent.
they stay a free agent
The player is a free agent and can sign with any team.
You become a free agent. Lots of rookie free agents get picked up every year, if you do get picked up in free agency, you will likely get to play in the preseason games.
a free agent is a player whose contract with a team has expired and who is thus eligible to sign with another club or franchise
John Carney he is a free agent, but he is 47 years old and still active in the NFL only he is a free agent
You are either drafted or picked up as a free-agent.
Tough question,that depends on many factors, such as the potential value and demand for the player, the salary cap, team budget, amount of time on the contract. Check out the link below from Askthecommish.com for more info.