BobMac: Qualifying Offers Expire?

Discussion in 'The Business of Hockey' started by rabi, Aug 2, 2005.

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  1. rabi

    rabi Registered User

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    "August 15 Qualifying Offers Expire Automatically"

    Has anyone seen an official explanation on this one?

    Does that mean that anyone who hasn't signed their qualifying offer isn't guaranteed to get the money if they haven't signed it by then?...

    For example, someone is qualified at 110% because they make $660,000 or less...they don't sign it by August 15th...then the club is not obligated to pay them 110%...they would negotiate for a salary, which could still be the 110%, but the club still holds his rights...and the player has to sign a contract before Dec 1 in order to play in the league that year...

    Am I on the right track?
     
  2. Brodeur

    Brodeur Registered User

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    I believe you have it correctly.
     
  3. GKJ

    GKJ Global Moderator

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    right
     
  4. kdb209

    kdb209 Global Moderator

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    This isn't that much different than the old CBA.

    Under the old CBA the team could withdraw their QO after a month, and still retain all RFA rights. QOs were due by 6/30 and could be withdrawn on 8/1.

    Now they have compressed the schedule from a month to 2 weeks, and made it a blanket expiration rather than a team-by-team, player-by-player choice.
     
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