I think an interesting side-effect of this will be how it changes the way draft prospects with signability issues are viewed. On the one hand, paying an over-slot bonus can now put you at a major disadvantage with regards to signing IFAs. Will that create more opportunites to find a superior value by paying over-slot down in the later 1st round? This is an interesting aspect of the MLB draft whose HBD version lacks the richness of its real life couterpart. On the other hand, now if you gamble on an over-slot bonus baby and he doesn't sign with you, you can make up for this by having an advantage in the IFA market, and then get your Type-D pick next year. I'm very interested to see how this part plays out. Making prospect budgets zero-sum in this way certainly creates a more interesting trade-off between draft bonus demands and IFA spending.
Just to recap, that's what I posted that got this sidebar started. Simple economics. As prospect dollars are capped, the value of marginal prospect dollars goes up. As a consequence, the "discout rate", if you will, on over-slot draft prospects increases. Meaning, there will have to be a greater difference in quality than before in order for an IFA-conscious owner to draft the over-slot prospect instead of the slot prospect.
This will cause over-slot guys to fall a bit further down the board than they have been falling up until now, perhaps allowing owners at the bottom of round 1 (or with a bunch of sadwich picks) to steal some higher quality players by paying over-slot.
Simple supply and demand. Is that really such an objectionable idea, Mike?