Post by Seahawks GM on May 10, 2010 19:16:03 GMT -5
Restricted Free Agents:
Restricted Free Agents (RFA's) are free agent players who have 3 or less years of NFL experience. The team that previously held the contract to a RFA player has the right to match any offer from another team, and if the offer is matched, the original team retains the rights to the player. Years within the league will be determined by nfl.com at www.nfl.com/players.
During each pre-season, teams may tender offers to their RFAs or let them become UFAs. Players that have been tendered offers will be available during the Restricted Free Agency period. The tenders available and compensation are as follows...
$455,000 tender -- Original team has the right to match any contract submitted to the player by another team. If offer it matched, original team keeps the player. If offer is not matched, new team must provide the original team with a 3rd round draft pick.
$600,000 tender -- same rules pertaining to "the right to match an offer from another team" as mentioned in the $455,000 tender apply. Compensation for a team to sign this player is a 2nd round draft pick sent to the original team.
$800,000 tender -- same "right to match..." as above. Compensation for a team to sign this player is a 1st round draft pick sent to the original team.
$1,100,000 tender- same "right to match..." as above. Compensation for a team to sign this player is a 1st and 2nd round draft pick sent to the original team.
Restricted Free Agent Bidding:
To sign a restricted free agent, the format will be much like the unrestricted free agent signing format. A thread must be created for the player, and bidding will go on between any owners looking to acquire the RFA. After 24 hours of no bidding, the winning bid (the last valid bid) is the owner that gets the chance to sign the player. There is then another 48 hours for the actual owner of the RFA to decide whether to match the winning bid or not.
Note: Remember, the winning bid is the only bid that the owner of the RFA must deal with. Be sure to make a high enough final bid to actually force the owner to have to give him up, because there is no re-upping the player's contract afterwards. Don't complain that the bid was too low and you didn't know to make it higher. In other words, make every bid for your RFA target as though it would be the winning bid, even if is the first bid on the player.
Re-Signing Restricted Free Agents:
If one of your restricted free agents hasn't been bid upon, you have the opportunity to do two things. Either allow them to play out their current one year tender, or you can sign them to a contract length of up to four years.
There are only two requirements: the new contract must represent a salary increase from the tender given, and the contract being offered must be reasonable (4 year Max offer).
For example: Player A is a quarterback. In free agency, two quarterbacks were signed - one for $4 million, and one for $6 million. Using these figures, which represent the current market for a free agent quarterback, determine the talent level of your player in comparison to the money being offered on the market, and submit an offer to the commissioners in the Restricted Free Agent Signing forum (where you would typically bid on others' players).
Re-signing of players will work in the same format as trades, with at least three commissioners approving your player signing to a fair, and market respectable contract.
You have two chances to have your contract approved by the commissioners. If it is approved, correct your team page with the new contract information as soon as possible.
If you are denied the re-signing twice, then your player will have to simply play out their current tender offer and will then enter the market as a free agent next season.
Also remember, if you tendered a RFA, you still have to have the cap room to sign those players as well. So definitely be careful when you’re bidding on any Free Agents.
Restricted Free Agents (RFA's) are free agent players who have 3 or less years of NFL experience. The team that previously held the contract to a RFA player has the right to match any offer from another team, and if the offer is matched, the original team retains the rights to the player. Years within the league will be determined by nfl.com at www.nfl.com/players.
During each pre-season, teams may tender offers to their RFAs or let them become UFAs. Players that have been tendered offers will be available during the Restricted Free Agency period. The tenders available and compensation are as follows...
$455,000 tender -- Original team has the right to match any contract submitted to the player by another team. If offer it matched, original team keeps the player. If offer is not matched, new team must provide the original team with a 3rd round draft pick.
$600,000 tender -- same rules pertaining to "the right to match an offer from another team" as mentioned in the $455,000 tender apply. Compensation for a team to sign this player is a 2nd round draft pick sent to the original team.
$800,000 tender -- same "right to match..." as above. Compensation for a team to sign this player is a 1st round draft pick sent to the original team.
$1,100,000 tender- same "right to match..." as above. Compensation for a team to sign this player is a 1st and 2nd round draft pick sent to the original team.
Restricted Free Agent Bidding:
To sign a restricted free agent, the format will be much like the unrestricted free agent signing format. A thread must be created for the player, and bidding will go on between any owners looking to acquire the RFA. After 24 hours of no bidding, the winning bid (the last valid bid) is the owner that gets the chance to sign the player. There is then another 48 hours for the actual owner of the RFA to decide whether to match the winning bid or not.
Note: Remember, the winning bid is the only bid that the owner of the RFA must deal with. Be sure to make a high enough final bid to actually force the owner to have to give him up, because there is no re-upping the player's contract afterwards. Don't complain that the bid was too low and you didn't know to make it higher. In other words, make every bid for your RFA target as though it would be the winning bid, even if is the first bid on the player.
Re-Signing Restricted Free Agents:
If one of your restricted free agents hasn't been bid upon, you have the opportunity to do two things. Either allow them to play out their current one year tender, or you can sign them to a contract length of up to four years.
There are only two requirements: the new contract must represent a salary increase from the tender given, and the contract being offered must be reasonable (4 year Max offer).
For example: Player A is a quarterback. In free agency, two quarterbacks were signed - one for $4 million, and one for $6 million. Using these figures, which represent the current market for a free agent quarterback, determine the talent level of your player in comparison to the money being offered on the market, and submit an offer to the commissioners in the Restricted Free Agent Signing forum (where you would typically bid on others' players).
Re-signing of players will work in the same format as trades, with at least three commissioners approving your player signing to a fair, and market respectable contract.
You have two chances to have your contract approved by the commissioners. If it is approved, correct your team page with the new contract information as soon as possible.
If you are denied the re-signing twice, then your player will have to simply play out their current tender offer and will then enter the market as a free agent next season.
Also remember, if you tendered a RFA, you still have to have the cap room to sign those players as well. So definitely be careful when you’re bidding on any Free Agents.