Which of the following is NOT included in the rookie salary calculation?

The rookie salary calculation primarily includes components that are directly related to the contract, such as signing bonuses, roster bonuses, and performance-based bonuses. Signing bonus proration allows teams to spread out the cap hit of the signing bonus over the length of the contract, which is a common practice in salary cap management.

Roster bonuses are also incorporated into the calculation, as they are contingent on the player's presence on the roster at a specific time, affecting the overall compensation package.

Performance-based bonuses are often included as they tie the player's salary to specific achievements or milestones, which can also impact the calculation of a player's overall salary for cap purposes.

In contrast, team penalties are not part of the rookie salary calculation. These penalties relate to disciplinary or financial consequences imposed on the team, such as those due to violating salary cap rules, rather than the earnings of individual players. Thus, team penalties do not factor into the rookie's salary calculation, making this answer correct in identifying what is excluded from the rookie salary calculation.