Friedman: RFA Offer Sheet Compensation
- Thread starter caley
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Tkachuk Norris
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- Jun 22, 2012
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NHL Dude 120
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David Suzuki
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Tkachuk Norris
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- Jun 22, 2012
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AvsCOL
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Offer sheets are so enigmatic in todays NHL. Any given year a team could submit an offer sheet on a player, but it never seems to happen. Is it a respect thing among GMs to not steal players by offer sheets?
I'd love to offer sheet Wennberg $3.9m and only give up a 2nd.
I'd love to offer sheet Wennberg $3.9m and only give up a 2nd.
The most important part of an offer sheet is getting the player to actually sign it. For example, why would Wennberg want to leave the BJs for the Avs?
The second most important part of an offer sheet is remembering that the total value is divided by the number of years OR five, whichever is less. A $27.3M/7 year contract would require a first and third round pick despite having a $3.9M cap hit.
Volica
Papa Shango
- May 15, 2012
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Offersheets have a **** stigma, also, what star players simply wouldn't put pen to paper. All they've shown over the past decade is that they're a bargaining tool for players versus a tool for general managers.
There's a lot of teams that could put some major pressure on some teams and abuse the system, but it never seems to come to that (also, do you think the player wants to be known as the guy who jumped ship for more money?).
s7ark
RIP
- Jul 3, 2003
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I am fairly certain that would be matched
Only way an offer sheet can work is you have to find a cap max team and give a guy a contract that will completely screw up their cap structure. I think a perfect example would have been to give Kucherov last year a 5 year 35M contract
One key point to remember about the RFA compensation is that the value of the contract is divided by the LESSOR of 5 or the term of the contract.
So, if you give Leon $72 million over 8 years, the value of the RFA compensation is $72 million/5 years = $14.4 million, thus 4 first round draft picks.
So, you need to give only a 5 year deal at $49 million to get to $9.8 million, and remain at 2 first rounders, a second and a third.
Would Leon choose $49 million over 5 years or take 8 years at $7.5 million per for $60 million? $11 million over 3 years difference, which is $3.67 million per season. Never know in the NHL with injuries. Ekblad suffered 3 blows to the head in a span of 15 months, but he's got an 8 year deal in his back pocket. His call, if he does get an offer sheet. But, I think as a centre he would be the player to give it to. Worst, case you force the Oilers to tie up a lot of cap space in 2 players.
Takes two parties for an offersheet to get signed.
First, the Devils need to deem Draisaitl is worth offering nearly $10M long term. That is a lot of money to commit to any player. Not to mention the compensation they would need to give up. They need to be damn sure that Draisaitl is a franchise forward they can build around.
Second, Draisaitl needs to actually sign the offersheet. New Jersey can send whatever contract off to Draisaitl's agent that they want. But if he doesn't agree to sign it, it doesn't matter. That would mean agreeing to leave a team very clearly on the rise with the best 1-2 punch in the league outside of Crosby/Malkin and go play with the worst team in the East (no offense intended to the Devils). Not many players get the opportunity to spend their careers riding shotgun with a generational talent. McDavid and Draisaitl are very close friends and I imagine they both believe that the Oilers can be the next Penguins/Blackhawks. It's a lot to expect a player to give that opportunity up. Especially because it's not like the Oilers are going to cheap out on Draisaitl. They'll pay him his worth.
And finally, even if the Devils send an offersheet Draisaitl's way, and even if he signed it. The Oilers still have the opportunity to match it. It does the Devil's no good sending an offer sheet the Oilers way only to have it matched. Just burns a bridge that wouldn't need to be burned. For the Oilers not to match, the salary would have to be too high and the compensation would need to outweigh the cost of losing their 2nd best player. I really doubt two 1sts and a couple other picks would be enough for the Oilers to turn that contract down.
Not to say it couldn't happen. It certainly could. But if the past has shown us anything it's that offer sheets are almost never signed, and even when they are, they almost never go unmatched.
If the Devils were anywhere a decent team then Draisaitl might think of signing. As things stand he has tasted the playoffs for the first time, the team has the next great player in McJesus and plenty of cap space. They also have PoolParty in the back pocket. Sure they need to dump Eberle and RNH but I think they can do it and be an even better team. Trust me it's painful to say that!
Much to everybody's point here it's unlike that:
A-Devils offer something as crazy as that;
B-Draisaitl signs the offer sheet
Much to everybody's point here it's unlike that:
A-Devils offer something as crazy as that;
B-Draisaitl signs the offer sheet
C'mon guys know the RFA compensation rules
Yes, the posting is correct.......but only to a point. For average costs, the the total $$$$ amount if divided by 5 (for 5,6,7 year contracts) which raises the average $$$$ amount for compensation purposes.
So if a team would be offer 7.25 X 7 contract. total dollar is 51.25m. For compensation purposes the total is divided by 5 for an average of 10.25m
So that compensation is 4 first rounders.
That is one reason why there has been so few RFA offer sheets signings. Players want the long term security which ups the compensation.
Yes, the posting is correct.......but only to a point. For average costs, the the total $$$$ amount if divided by 5 (for 5,6,7 year contracts) which raises the average $$$$ amount for compensation purposes.
So if a team would be offer 7.25 X 7 contract. total dollar is 51.25m. For compensation purposes the total is divided by 5 for an average of 10.25m
So that compensation is 4 first rounders.
That is one reason why there has been so few RFA offer sheets signings. Players want the long term security which ups the compensation.
Rasmus CacOlainen
The end of the Tank
Does Washington match 4.75 at 6 years on Orlov? I'd offer that from the Sabres even if that means losing 1st and 3rd. I rate him quite high and a second all-russian pairing with Antipin sounds good to me 
Bjornar Moxnes
Stem Rødt og Felix Unger Sörum
Number1RedWingsFan52
Registered User
The Oilers would easily match that, They don't have very many players to resign.
Number1RedWingsFan52
Registered User
Montreal has 8 players to sign and about $23 million in cap, You would need to offer Draisaitl at least $9 million for Chiarelli to possibly not match it. Good luck believing that it wouldn't mess up your cap there.
RememberTheName
Conductor of the Schmid Bandwagon
Rangers are going to be hit hard with their RFAs this year, and if they wanna sign Shatty as well
dubey
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Mr Positive
Cap Crunch Incoming
- Nov 20, 2013
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yes, even if we couldn't afford whatever his cap hit would be long term, we would be able to trade him next summer if it came to it. Then we'd be able to make a real hockey trade and not settle for some picks.
I see a Drai offer sheet as win-win for Vegas though. Either they get a pricey, but much needed 1C that can take them to the playoffs year 1 maybe even. If Edm matches, then they've damaged a divisional rival long term
yababy
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- Jun 26, 2015
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Too late for Montreal. Should have traded Subban for oilers first pick, Nurse and Drai when they had a chance. Now Draisaitl is untouchable.
I bet Drai doesnt sign an offer sheet...likes playing in Edmonton. He's McDavid's buddy
Baemon Severson*
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