Cards Czar
The Bird is the Word
Here is the 2009 RFA tender costs.
http://www.nflplayers.com/user/content.aspx?fmid=178&lmid=443&pid=1345
Steps to Free Agency
June 10, 2008
Many NFL players achieve their dream of financial security when they sign that multi-million dollar contract as an Unrestricted Free Agent (UFA). But before a player gets to free agency, he must go through a number of steps along the way.
“Players must earn a certain number of Accrued Seasons prior to becoming a UFA,” said NFLPA Director of Salary Cap & Agent Administration Mark Levin.
A player whose contract expires at the beginning of a capped year (2008 and 2009), for instance, needs to have four Accrued Seasons to be a UFA, while a player whose contract expires at the beginning of the uncapped year (2010) must have six accrued seasons to gain free agency. Players earn an Accrued Season for any season in which they are on full pay status for at least six regular season games.
A player who has earned three Accrued Seasons and whose contract expires in a capped year is a Restricted Free Agent (RFA) provided that his club has given him a proper RFA tender. “In 2010, a player will be a RFA if he has earned three, four or five Accrued Seasons,” Levin explained.
RFA tenders are one-year offers that must be made on or before the last day of the year in which the player’s contract expires. A player’s prior club has five levels of tender amounts to choose from, which will determine draft pick compensation (if any) they would receive if the player signs an offer sheet with a new club and the prior club decides not to match it.
For 2008, the tender amounts are as follows:
• $927,000 for the prior club to retain the right of first refusal (ROFR) without any draft choice compensation;
• $927,000 for ROFR or the club receives draft choice compensation equal to the draft round at which the player originally entered the league if they chose not to match an offer;
• $1,417,000 for ROFR or the club receives one second-round draft pick if the offer is not matched;
• $2,017,000 for ROFR or the club receives one first-round pick; or
• $2,562,000 for ROFR or the club receives one first round and one third-round pick.
The tender amounts increase by nine percent per year through the end of the Collective Bargaining Agreement.
Each RFA has from the first day of the league year until a week before the NFL Draft in April to sign an offer sheet with a new club. If an offer sheet is agreed to, then the player’s prior club has seven days to match the offer. If the offer is not matched, the club would receive the applicable draft choice compensation described above.
After the 45-day shopping period, the RFA may only negotiate and sign a contract with his prior club if the club has not withdrawn the tender. If a tender is withdrawn the player would immediately become an UFA.
If the RFA has not re-signed with his old club by June 1, then in order to maintain rights to the player the club must re-issue the tender. That starts the clock for the RFA to sign the tender by June 15 or risk being re-tendered on the 15th at 110 percent of his prior year salary or his applicable minimum, whichever is greater.
Players who have less than three Accrued Seasons and have an expired contract are Exclusive Rights (ER) players, if they are properly tendered by their club. A club must tender a one-year contract equal to the player’s applicable minimum salary for his years of service on or before the last day of the league year in which his contract expires. If the club chooses not to tender the player or later withdraws a tender, then the player immediately becomes an UFA. Tendered players are only allowed to negotiate and sign a player contract with their prior clubs.
So if you add the 9% for 2009 the tender amounts are as follows:
• $1,010,430 for the prior club to retain the right of first refusal (ROFR) without any draft choice compensation;
• $1,010,430 for ROFR or the club receives draft choice compensation equal to the draft round at which the player originally entered the league if they chose not to match an offer;
• $1,544,530 for ROFR or the club receives one second-round draft pick if the offer is not matched;
• $2,198,530 for ROFR or the club receives one first-round pick; or
• $2,792,580 for ROFR or the club receives one first round and one third-round pick.
http://www.nflplayers.com/user/content.aspx?fmid=178&lmid=443&pid=1345
Steps to Free Agency
June 10, 2008
Many NFL players achieve their dream of financial security when they sign that multi-million dollar contract as an Unrestricted Free Agent (UFA). But before a player gets to free agency, he must go through a number of steps along the way.
“Players must earn a certain number of Accrued Seasons prior to becoming a UFA,” said NFLPA Director of Salary Cap & Agent Administration Mark Levin.
A player whose contract expires at the beginning of a capped year (2008 and 2009), for instance, needs to have four Accrued Seasons to be a UFA, while a player whose contract expires at the beginning of the uncapped year (2010) must have six accrued seasons to gain free agency. Players earn an Accrued Season for any season in which they are on full pay status for at least six regular season games.
A player who has earned three Accrued Seasons and whose contract expires in a capped year is a Restricted Free Agent (RFA) provided that his club has given him a proper RFA tender. “In 2010, a player will be a RFA if he has earned three, four or five Accrued Seasons,” Levin explained.
RFA tenders are one-year offers that must be made on or before the last day of the year in which the player’s contract expires. A player’s prior club has five levels of tender amounts to choose from, which will determine draft pick compensation (if any) they would receive if the player signs an offer sheet with a new club and the prior club decides not to match it.
For 2008, the tender amounts are as follows:
• $927,000 for the prior club to retain the right of first refusal (ROFR) without any draft choice compensation;
• $927,000 for ROFR or the club receives draft choice compensation equal to the draft round at which the player originally entered the league if they chose not to match an offer;
• $1,417,000 for ROFR or the club receives one second-round draft pick if the offer is not matched;
• $2,017,000 for ROFR or the club receives one first-round pick; or
• $2,562,000 for ROFR or the club receives one first round and one third-round pick.
The tender amounts increase by nine percent per year through the end of the Collective Bargaining Agreement.
Each RFA has from the first day of the league year until a week before the NFL Draft in April to sign an offer sheet with a new club. If an offer sheet is agreed to, then the player’s prior club has seven days to match the offer. If the offer is not matched, the club would receive the applicable draft choice compensation described above.
After the 45-day shopping period, the RFA may only negotiate and sign a contract with his prior club if the club has not withdrawn the tender. If a tender is withdrawn the player would immediately become an UFA.
If the RFA has not re-signed with his old club by June 1, then in order to maintain rights to the player the club must re-issue the tender. That starts the clock for the RFA to sign the tender by June 15 or risk being re-tendered on the 15th at 110 percent of his prior year salary or his applicable minimum, whichever is greater.
Players who have less than three Accrued Seasons and have an expired contract are Exclusive Rights (ER) players, if they are properly tendered by their club. A club must tender a one-year contract equal to the player’s applicable minimum salary for his years of service on or before the last day of the league year in which his contract expires. If the club chooses not to tender the player or later withdraws a tender, then the player immediately becomes an UFA. Tendered players are only allowed to negotiate and sign a player contract with their prior clubs.
So if you add the 9% for 2009 the tender amounts are as follows:
• $1,010,430 for the prior club to retain the right of first refusal (ROFR) without any draft choice compensation;
• $1,010,430 for ROFR or the club receives draft choice compensation equal to the draft round at which the player originally entered the league if they chose not to match an offer;
• $1,544,530 for ROFR or the club receives one second-round draft pick if the offer is not matched;
• $2,198,530 for ROFR or the club receives one first-round pick; or
• $2,792,580 for ROFR or the club receives one first round and one third-round pick.
