Their function in the cba is exactly that but they need other managers to trigger it. Which probably explains why they’re so rare.
OS are almost completely useless because they’re intended use can’t be triggered by the player and they’re side use requires overpaying in cap space/real dollars and giving up assets.
I’m still going to disagree. The few times offersheets have been given out has been within a few days of a players contract expiring and they become a RFA (July 1st). Its hard to argue Aho’s situation was much of an impasse or near a hold out situation with a couple months until training camp. This time of year is very early days for negotiations between teams and their prominent RFAs. Sam’s situion last year was an impasse.
I would have agreed with you that OS were massive overpayments a few years ago and thus not worth bothering with. But 3 things have combined to change my thinking.......
1) Teams willing to spend big on 2nd contracts for big name RFAs coming off ELCs. Guys like McDavid, Eichel, Draisaitl, Mathews and even Aho’s deal. Marner will likely be joining this group as well.
2) Changes to the draft lottery which make it harder to land a top 3 pick as the last place team, let alone the top pick. Which makes the tanking path we took for a shot at guys like McDavid/Eichel heavily dependent on luck instead of a guaranteed top 2 pick.
3) Contract restrictions of the current CBA (7/8yrs) which has driven up the AAV on mid to longer term deals.
In an environment shaped by those conditions I don’t see an offersheet of 7yrs @ 11-13mil AAV to guys like Point or Aho as an overpayment contract. Its just at the high end for players like them. As for the 4 first rounders, I think it would be a stiff cost but worth it if you're a team desperately in need of a player like that. Or to put it another way, you would be paying those picks to guarantee landing a player of that caliber.
But thats at the highest end of things. I think Meier could have been poached from the Sharks with an offer sheet similar to the one Aho got. Even if you went up a bit to 9 or so. Landing a 22yr old coming off a 30 goal season who is emerging as a very good NHL goal scorer with contract in his prime years. That’s probably a better allocation of resources (even with picks lost) than throwing around money in free agency.