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Restricted Free Agency
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Restricted free agency. Most NFL fans have heard of it, but have never really quite needed to know what it means. After all, so few players were actually restricted free agents that fans could just assume that it meant that they were a free agency, but their original team had both the first and last say as to whether or not they would be part of the team the next year. This offseason, it will be a big deal. There is about a 99.9% chance that there will be no salary cap next year and that will come with a few rules. Teams that made the final 8 in the playoffs can only sign as many free agents as they lose. There is no maximum or minimum to your payroll, as long as you meet the minimum salary figure for all of your players. And, instead of players becoming restricted free agents if their contract runs out after 3 years with their original team, they will become restricted free agents if their contract runs out after 3-5 years with their original team. And all of a sudden, there will be a lot more restricted free agents, so I believe it is important for the fans to know what exactly that means.
Restricted free agency works like this. There is a certain amount of time a team has to give their restricted free agent a tender. If they don’t, the player becomes an unrestricted free agent. The team can choose from 4 different tenders, each is worth a certain amount of money, which has yet to be announced for the 2010 NFL offseason. The first one, worth the most, is a 1st/3rd tender. The 2nd, worth the 2nd most, is a 1st round tender. Continuing to fall in value, the 3rd is a 2nd round tender. And the least valuable is the so called default tender.
Now, any team can sign these restricted free agents after they have been tendered. However, to sign someone with a 1st/3rd round tender, you must give up a 1st and a 3rd round pick. To sign someone with a 1st round tender, you must give up a 1st round pick, and so forth. To sign someone with a default tender, you must give up a draft pick that equals the round the player was drafted in, with a maximum of a 3rd round pick. To sign someone with a default tender that was undrafted, you don’t have to give up anything. Then, the original team has a week a match the offer their restricted free agent receives. They can choose to match the contract, or let him walk and take the draft picks.
Categories: NFL Free Agency, NFL, NFL Offseason
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