Post by Rams GM (Frank) on Jan 23, 2020 10:27:21 GMT -5
As you all know we have a new RFA system in place starting in 2019, as we're using a 15% per year baseline price to determine fair market value for initial contracts. We're going to need to examine how these baseline prices match with relative market value, and whether these baseline prices need to go up, down or stay the same in future seasons. My inclination is that they maybe be a tad bit low, as last offseason I was debating between 15% and 18% baseline contract offers, as I sided with the 15% number.
The proposition Im proposing will be either we raise the RFA baseline price from 15% up to 18%, or we keep the 15% baseline price.
I believe the 18% could be a better reflection of what we want in RFA when comparing to last years UFA prices, however RFA discounts have always been part of the game.
Here is the current RFA rule:
Teams with an RFA rights tag will offer an initial contract tender, based on the tender prices below. Legacy NFL will use a baseline price for salary when it comes to determining the tender value of any player, this will serve two purposes, the first is that it will be a draft pick compensation based tender, and it will also serve as the initial contract offer by the RFA rights team.
The baseline prices for an initial tender and contract offer will work based on as follows:
1 year contact offer = tender price + 0%
2 year contract offer = tender price + 15% of tender price
3 year contract offer = tender price + 30% of tender price
4 year contract offer = tender price + 45% of tender price.
Once a contract tender and a baseline salary has been offered by the RFA rights team, there will be a 7 day window open to other Legacy NFL teams to place an offer sheet to that player, with draft pick compensation as part of the offer. When a winning bid stand for 24 hours, the RFA rights team will have the opportunity to match any offers, or have the option to let the player walk and receive the draft pick compensation based on the tender levied.
The RFA Tender Prices are as follows:
$600k -- 5th round draft pick
1M --- 4th round draft pick
$1.50 -- 3rd round draft pick
$2.50 -- 2nd round draft pick.
$5M -- 1st round draft pick.
$6.50M -- 1st and 2nd round draft picks.
Tender amount will rise to 110% of the previous year's salary, if that is greater.
If player remains without a contract offer sheet after the RFA period is over, the owner with the right to the player is allowed to resign him at the contract tender price value plus the baseline percentage. If a team chooses not to match the bid contract, then they will be compensated with the tender draft picks.
Bidding by teams placing an offer sheet will be conducted the same as a Vet UFA, with bid increases, Bids must stand for a 24 hour period, then after the 24 hours the owner has the chance to match that bid and keep the player or let him go and receive draft compensation. The clock starts for RFA's once bid on.
Lastly RFA's can only be bid on by teams who have the tender draft picks available to get rid of if they win that RFA.
Restricted Free Agents are free agents who have been in the league for 3 years or less. Any player signed with RFA status must be in his 3rd year or less on the last year of the contract.
If a player according to NFL.com is a rookie, then a 3 year max contract can be offered with an RFA designation.
If a player according to NFL.com has 1 year of experience, then only a 2 year contract max may be offered with a RFA designation.
If a player according to NFL.com has 2 years of experience, then only a 1 year contract max may be offered with a RFA designation
The baseline prices for an initial tender and contract offer will work based on as follows:
1 year contact offer = tender price + 0%
2 year contract offer = tender price + 15% of tender price
3 year contract offer = tender price + 30% of tender price
4 year contract offer = tender price + 45% of tender price.
Once a contract tender and a baseline salary has been offered by the RFA rights team, there will be a 7 day window open to other Legacy NFL teams to place an offer sheet to that player, with draft pick compensation as part of the offer. When a winning bid stand for 24 hours, the RFA rights team will have the opportunity to match any offers, or have the option to let the player walk and receive the draft pick compensation based on the tender levied.
The RFA Tender Prices are as follows:
$600k -- 5th round draft pick
1M --- 4th round draft pick
$1.50 -- 3rd round draft pick
$2.50 -- 2nd round draft pick.
$5M -- 1st round draft pick.
$6.50M -- 1st and 2nd round draft picks.
Tender amount will rise to 110% of the previous year's salary, if that is greater.
If player remains without a contract offer sheet after the RFA period is over, the owner with the right to the player is allowed to resign him at the contract tender price value plus the baseline percentage. If a team chooses not to match the bid contract, then they will be compensated with the tender draft picks.
Bidding by teams placing an offer sheet will be conducted the same as a Vet UFA, with bid increases, Bids must stand for a 24 hour period, then after the 24 hours the owner has the chance to match that bid and keep the player or let him go and receive draft compensation. The clock starts for RFA's once bid on.
Lastly RFA's can only be bid on by teams who have the tender draft picks available to get rid of if they win that RFA.
Restricted Free Agents are free agents who have been in the league for 3 years or less. Any player signed with RFA status must be in his 3rd year or less on the last year of the contract.
If a player according to NFL.com is a rookie, then a 3 year max contract can be offered with an RFA designation.
If a player according to NFL.com has 1 year of experience, then only a 2 year contract max may be offered with a RFA designation.
If a player according to NFL.com has 2 years of experience, then only a 1 year contract max may be offered with a RFA designation