2016 Free Agency Underway (at noon EST)
Read for a couple of quick notes
Great job again by Ty getting our page setup. Once you login, if you click the dropdown on the right, you will see a link for 2016 Free Agency, click that and it's pretty self explanatory.
A couple of quick notes
1. Evgeni Medvedev is a RFA, he is actually 33, but to show as a RFA I manually changed him to 28. This will be adjusted after he signs. He was drafted last year, created for the first time this year, so TB has his rights, just elected not to give him the contract he wanted on the calculator
2. If you mess up a bid, it's on you. Only in an extreme case will we fix something (offering 20m instead of 2). If you bid on a RFA, thinking he was UFA, thats on YOU
3. Speaking of RFA, remember the guidelines and compensation. If unclear, CHECK WITH BRYCE OR ERIC!
1) Compensation for signing a RFA is as follows;
a. $475,000 to $999,999 = no compensation
b. $1,000,000 to $1,499,999 = 5th Round Draft Pick
c. $1,500,000 to $1,999,999 = 4th Round Draft Pick
d. $2,000,000 to $2,999,999 = 3rd Round Draft Pick
e. $3,000,000 to $3,999,999 = 2nd Round Draft Pick
f. $4,000,000 to $4,999,999 = 1st Round Draft Pick
g. $5,000,000 to $5,999,999 = 1st & 2nd Round Draft Picks
h. $6,000,000 to $6,999,999 – two 1st Round Draft Picks
i. $7,000,000 + = Three 1st Round Draft Picks
2) You must have the proper compensation before bidding on a RFA. If you have multiple picks that qualify. The team losing the player would have their choice amongst your available picks.
a. At least 1 of the highest picks MUST be in the next draft
b. Beginning season 10, you do not necessarily have to have paid for future years to make a bid, you can pay if/when you win.
i. You will have 24 hours from when the other team announces it is taking the compensation, to pay for future years needed. Failure to do so will result in hefty fine (precedent to be set if/when it first happens)
3) When bidding on RFA’s they are for 1 year deals, and can not include signing bonuses, the amount of years will be open from 1-5 if a player is only 1 year away from UFA.
4) When bidding for RFA’s your bid must be at least 200k higher than the prior bid.
5) If your RFA does not sign an offer sheet during RFA period. You will be required to negotiate a new contract for a minimum term with the league offices.
6) Teams CANNOT give other team incentive to bid on their RFA at discounted rates. This will result in HEAVY fines, including draft picks, cash, and potentially the player(s) involved becoming instant UFA's
7) Teams may agree to take other forms of compensation outside of the draft pick fines. In an instant where a team is not liking the RFA offer presented, they can shop around for someone to increase the offer, having a set compensation set out, where they let that player sign elsewhere for the alternative compensation. When this occurs the RFA player MAY not be staying with his current team, that would be a manipulation of rule 7.
8) Anything, outside of the basic RFA structure, any alternative bids/comp/arrangements MUST be cleared with the league office BEFORE the offer(s) are made.
9) Unlike UFA, there is no penalty for trading recently signed RFA's
10) For FA bidding, you may partake in UFA bidding. If one of YOUR RFA’s get an offer, you have the opportunity to match or take compensation, regardless of what your cap hit shows at. In short, you can go over the 3 million threshold in free agency, if it’s matching an RFA offer that puts you over. Obviously, once you have matched, and that salary is added to your team, your ability to up your UFA offers could be significantly impacted.