Back in the day, teams were allowed to work out a trade before the compensation kicked in, if the player's former team decided not to match (and decided to not take the picks). Is that rule still valid now, or do teams HAVE to accept the picks as compensation?
I believe that is how Curtis Joseph wound up in Edmonton, right? When the Blues signed Shayne Corson as an RFA, Joseph and Mike Grier wound up as Oilers. The Blues took back two of the four first rounders with that move.
There used to also be arbitration to determine valid compensation: i.e. Scott Stevens was awarded to New Jersey by an arbitrator when St. Louis signed Brendan Shanahan as an RFA. Does arbitration still exist for RFA offer sheets?