$1,110,249 or below None
Over $1,110,249 to $1,682,194 Third-round pick
Over $1,682,194 to $3,364,391 Second-round pick
Over $3,364,391 to $5,046,585 First-round and third-round pick
Over $5,046,585 to $6,728,781 First-round, second-round and third-round pick
Over $6,728,781 to $8,410,976 Two first-round picks, second-round pick, third-round pick
Over $8,410,976 Four first-round picks
The Offer Sheet is a Contract
An offer sheet is a contract negotiated between an
team and a restricted free agent on another team.
The offer sheet includes all the terms of a standard player contract, including length, salary, bonuses, etc.
A player who has signed a qualifying offer or is going to salary arbitration with his original team cannot sign an offer sheet.
Accept or Decline
When an offer sheet is signed, the player’s current (original) team is notified. That team can keep the player under the terms of the offer sheet, or decline and let the player join the new team under those terms.
The original team has seven days to make its decision.
No Turning Back
Once an offer sheet has been signed by a player, the original team cannot negotiate a new contract under different terms or trade the player’s rights. It’s only options are to accept or decline the offer sheet.
[color=#ff0000]The No-Trade Clause
If the original team chooses to accept, or “match” the offer sheet, the player cannot be traded for the lenght of the contract/color].Compensation
If the original team declines the offer sheet and loses the player, it receives draft picks from the player’s new team as compensation.
Compensation picks must be your
own picks and they must be from
next year.
If you don't have your own first round pick but have another team's it doesn't matter, you're ineligible to make an offer.Compensation for losing a restricted free agent is on a sliding scale, depending on how much the new contract is worth. The exact numbers change every year.
The most a team can lose for signing an RFA is four first-round draft picks.
NOTE: It must be a one-way qualifying offer
NOTE: The offer Sheet must at least be increased by 10% his last contract
Ex.: If a player earned 4 M last year, the offer sheet must be at least 4.4M