There is now a price limit set on how much you can spend on the draft. Essentially, you have to stay within 5% of the “slot-money” offer. If you reach 5% you must pay a 75% tax. If you go over it by 5-10%, you pay a 75% tax and forfeit your first round draft pick the following season. If you go from 10-15% over, you pay a 100% tax and lose the next years first and second rounders. If you go over that slot by over 15%, you will pay a 100% tax and lose a first round pick the following TWO years. Players taken after the 10th round do not count toward this limit as long as they are not offered more than $100,000. Players offered more than that after the 10th round will count toward that price limit. The limits have not been announced but Jon Heyman and Danny Knobler tweeted that the aggregate pools would range from $4.5 million to $11.5 million, depending on how many picks a team had and where they fell. Jeff Passan tweeted that the total for all 30 teams would be around $200 million.
How could this impact high school kids?
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