clock menu more-arrow no yes mobile

Filed under:

NFL Draft Results: New Orleans Saints Draft Pick Sheldon Rankins Contract Details

Thanks to the rules of the collective bargaining agreement, we pretty much already know how much Sheldon Rankins will get paid.

Matthew Stockman/Getty Images

Though the Saints drafted him with the 12th overall pick in tonight's NFL Draft, Sheldon Rankins won't officially become a member of the team until he signs his rookie contract.

By rule of the collective bargaining agreement his contract will be four years with a fifth year option. There is also a set range his contract can be worth, which is based on his draft position. According to former agent and self-professed NFL contracts and salary cap expert, Joel Corry, Rankins is set to earn just shy of $13 million with a $7.5 million signing bonus.

The Saints are currently just $3,317,845 under the salary cap, according to the NFLPA website. Other than the Kansas City Chiefs, that's the least amount of cap space in the league. But they will be able to afford to sign all of their draft picks, don't worry about that.


Saints 2016 NFL Draft Picks

Round Pick Overall Player
1 12 12 Sheldon Rankins, DT, Louisville
2 16 47
3 15 78
4 14 112
5 13 152
7 16 237

Saints Team Needs

  • Defensive End
  • Defensive Tackle
  • Linebacker
  • Guard
  • Wide Receiver
  • Cornerback

Saints Draft Resources

NFL Draft Schedule

Thursday, April 28 - 7:00 p.m. CT (Round 1 - 10 Minutes Per Pick)

Friday, April 29 - 6 p.m. CT (Round 2 - 7 Minutes, Round 3 - 5 Minutes Per Pick)

Saturday, April 30 - 11 a.m. CT (Rounds 4-6 - 5 Minutes Per Pick, Round 7 - 4 Minutes Per Pick)

NFL Network and ESPN/ESPN2 will televise the draft.