Post by Rams GM (Frank) on Dec 29, 2018 21:49:37 GMT -5
Restricted Free Agency
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 the 7 day open offer period closes, 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.
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.
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 the 7 day open offer period closes, 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.
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.
