Clarification RE: Qualifying Offers

Brock

Registered User
Feb 27, 2002
12,196
3,628
The GTA
ohlprospects.blogspot.com
It's Qualifying Offer season around these parts. This is always something that confuses people and we've already had a few submitted improperly.

So here's the reminder...

Qualifying Offers

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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