Chevy dismisses rumours surrounding Kane
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06-22-2012, 09:03 PM
Join Date: Jul 2011
Originally Posted by
i hope you are right.
i dont totally understand the process, what are his options?
Very limited. Sign, or sit, really. No arbitration rights as an RFA.
The current team must extend a "qualifying offer" to a restricted free agent to retain negotiating rights to that player.
Players who earned less than $660,000 in the previous season must be offered 110 percent of last season's salary. Players making up to $1 million must be offered 105 percent. Players making over $1 million must be offered 100 percent.
If the qualifying offer is not made, the player becomes an unrestricted free agent.
If the player rejects a qualifying offer, he remains a restricted free agent.
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