I think what smoelheim is trying to do is set up a scenario in which $6m is locked into the draft budget, such that you'll be forced to either spend it there or lose it. Under the current system, you can blow it all before the draft on IFA's and then punt the draft. His proposal tried to prevent that by keeping draft and IFA in separate budgets.
The only downside I see to this proposal is that it gives tankers another place to stash away money (i.e. away from player payroll) to sign draft picks and IFAs. Today, you're limited to $20m in prospect/IFA bonus money. Anything beyond that has to pay the 50% transfer fee. With this, you can have a minimum of $26m (max of $20m IFA and at least $6m draft) of pre-transfer money to play with. If you're hoarding draft picks, you can go up to $40m pre-transfer bonus money to play with. So you can have your cake (the draft) AND eat it (the IFA market) too.
Tankers are going to tank. But this could be abused to give them a bigger payoff.
1/3/2012 11:03 AM (edited)