: The Sun:
Bidding War For The Monster This Summer
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11-15-2009, 09:45 PM
Homer J. Fong
Join Date: Aug 2006
Location: Parts Unknown
Originally Posted by
Leaf me alone
Sure, there'll be a bidding war. In the 1 - 2.5 million range. Ooohhh...ahhhh.
If the original team declines the offer sheet and loses the player, it receives draft picks from the player’s new team as compensation.
Compensatory draft picks are determined by the player’s new salary, on a sliding scale.
- In 2008 a team signing a restricted free agent to a salary averaging $2,615,625 to $3,923,437 per season will lose a first-round draft pick and a third-round draft pick to the player’s old team.
- Signing a restricted free agent to a contract worth over $6,539,062 per year costs a team four first-round draft picks.
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