Sean98 said:
CapCity is correct. Using $1m on a round 10 pick is fine. If you use it on an 11th Round pick it will cost you luxury taxes and you lose future draft picks.
I posted this on the previous page, but here it is again.
Quote:
Penalties: Here are the penalties that are assessed to clubs that pay bonuses over their allotted bonus pool.
0- 5% over- 75% tax on the overage
5- 10% over- 75 % tax on the overage and loss of the team's first round pick the next year
10- 15% over- 100% tax on the overage and loss of the team's first and second round picks next year
More than 15% over- 100% tax on the overage, and loss of the first round picks in the next two years' drafts
The way I've seen the rules stated, the bonus pool can be used on any draftee or free agent signing during that year. The excess over $100,000 on anyone drafted after the 10th round or signed in free agency counts against the bonus pool. If Team A has $10,000,000 in total bonus pool money, and they spend $9,000,000 on their first 10 round picks, a player in round 15 that agrees to sign for $600,000 would reduce their remaining $1,000,000 of bonus pool money by $500,000; that would leave Team A with an additional $500,000 to spend. The use of the Bonus Pool is not restricted to just the first 10 rounds, only the aggregation of the bonus pool is determined by the first 10 rounds.