What's the difference between the different types of UFAs?
Type V (Paul Kariya?)
Group II restricted; original team has right to match or accept draft-pick compensation. In order for team to have the right to match, they must offer a "qualifying offer". If the player, in the final year of his contract, makes the league average or less, his qualfying offer MUST include a 10% raise. If the player makes MORE than the league average, the qualifying offer does not have to include a raise. Under 31 years of age.
Group III unrestricted; original team has no right to match. Player has to be 31 years of age or older.
Group IV restricted; players who have never signed a contract and are considered "defected players"
Group V unrestricted; a player who has played for 10 PROFESSIONAL (NHL, AHL) seasons and makes less than the average salary can declare for unrestricted free agency once in his career
Group VI unrestricted; a player who is 25 years or older, has completed three or more professional seasons and in the case of a player other than a goaltender has played fewer than 80 NHL games, or in the case of a goaltender has played fewer than 28 NHL games.