Settle down. I think you like to throw "straw man" out there because you think it makes you look smart. It doesn't. And we are not saying the same thing at all. The draft and cap management are unrelated. There is no cap strategy that will allow your team to be good if you draft poorly. There is also no draft success that excuses giving declining or injured players MORE guaranteed money to dig out your own past financial mistakes.
What drafting poorly does is make your team bad because you cannot restock the shelves with young players on cheap contract. What managing the cap poorly does is it makes your team bad because it limits your ability to do anything about it regardless of how you draft and leaves you with expensive declining players.
Sure, there is an occasional contract that teams regret, but they don't have rosters full of them? Ours didn't all start out as big money contracts. They started out as reasonable contracts that got restructured into bad contracts full of back loaded guaranteed money. Most teams give guys at Cam Jordans age and position 1 year deals for reasonable money. They aren't getting $13 million in guaranteed money with a $23 million cap hit from past restructures.