"No, $405k is the minimum rookie salary for 2013."
Its 2011 it was negotiated that starting in 2014 the min wage would be 420,000...
"That pension is bullshit."
That's only one aspect of the pension:
"Under the Severance Pay Plan, if a player is released by a team and has two or more credited seasons in the league, he will receive termination pay of $12,500 per credited season."
"Under the NFL Player Annuity Program, a player with four or more credited seasons in the league is eligible to receive a $65,000 annuity program contribution from which he can begin receiving annual distributions at the age of 35"
"Under the NFL Player Second Career Savings Plan, a player with at least two credited seasons in the league can contribute up to a maximum of $10,000 in pre-tax dollars per year to one of nine different investment funds and receive a matching team contribution of $2 for each $1 the player contributes to a plan (the team can contribute up to a maximum of $20,000 per year)."
Keep in mind that playing just 4 seasons, he'd be guarenteed to make at least ~$2 million, even after taxes thats the same the average american would make in 30 years.