Comparing RFA compensation schedules

Discussion in 'The Business of Hockey' started by MarkZackKarl, Aug 8, 2005.

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  1. MarkZackKarl

    MarkZackKarl Registered User

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    Can someone point me in the direction of the RFA compensation schedule that existed in the 95-04 CBA and allow it to be compared to the 05-11 CBA disaster that has been implemented? It would be interesting to see how much the NHL loosened up the strings on the RFA's to allow some stars to be poached.

    Much apprciated thanks!
     
  2. Timmy

    Timmy Registered User

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    http://www.nhl.com/players/freelist05.html

    Quote:
    Quote:
    FREE AGENTS SUBJECT TO COMPENSATION AND RIGHT TO MATCH -- GROUP 2

    The players listed below have been tendered a qualifying offer by their respective Clubs and are subject to draft-choice compensation and right to match. The draft choice compensation scale is based on compensation offered by the new Club:

    OFFER - COMPENSATION
    $660,000 or below - None
    Over $660,000 to $1 million -Third-round choice
    Over $1 million to $2.0 million - Second-round choice
    Over $2.0 million to $3.0 million -First-round and third-round choice
    Over $3.0 million to $4.0 million - First-round, second-round and third-round choice
    Over $4.0 million to $5.0 million - Two first-round choices, one second- and one third-round choice
    Over $5 million - Four first-round choices




    This is significantly less than under the old CBA:

    http://www.nhl.com/lineups/player/freelist04.html


    Quote:
    OFFER - COMPENSATION
    $743,725 or below - None
    Over $743,725 - $1,022,622 - Third-round choice
    Over $1,022,622 - $1,208,554 - Second-round choice
    Over $1,208,554 - $1,487,452 - First-round choice
    Over $1,487,452 - $1,859,312 - First and third-round choices
    Over $1,859,312 - $2,231,175 - First and second-round choices
    Over $2,231,175 - $2,603,038 - Two first-round choices
    Over $2,603,038 - $3,160,831 - Two first-round and one second-round choice
    Over $3,160,831 - Three first-round choices
    Each additional $1,859,312 - One additional first-round choice to a maximum of five




    This comes out to
    $3.16M - Three first-round choices
    $5.02M - Four first-round choices
    $6.88M - Five first-round choices (max)

    If you adjust this for the 24% rollback you get:

    < $565K or below - None
    $565K - $777K - Third-round choice
    $777K - $919K - Second-round choice
    $919K - $1.13M - First-round choice
    $1.13M - $1.41M - First and third-round choices
    $1.41M - $1.70M - First and second-round choices
    $1.70M - $1.98M - Two first-round choices
    $1.98M - $2.36M - Two first-round and one second-round choice
    $2.36M - Three first-round choices
    Each additional $1.41M - One additional first-round choice to a maximum of five

    $2.36M - Three first-round choices
    $3.77M - Four first-round choices
    $5.18M - Five first-round choices (max)

    The compensation has been draftically reduced, especially in the below $4M range - 4 Firsts vs a First, a Second, and a Third. Or below $2M - 2 Firsts and a Second vs a Second.


    Way less restrictive, and based on compensation (salary) payed to the player by the plucking team.

    Looks like Ottawa (and only Ottawa) will be picked clean of it's RFAs quicker than a turkey at Aretha Franklin's family Christmas dinner.

    I apologize in advance to all the Sens fans who now, under this new CBA, will not have a snowball's chance in Hell of competing and surviving like they would have been able to under the old, Senator-friendly, CBA. :(
     
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