Re: Any Love For Nate?
I think the qualifying offer comes from any team interested in Burleson other than the Vikings. The Vikings can then match the offer or choose not to, and they get compensation in the form of draft picks from Burleson's new club depending on the dollar amount of his new contract. I think the Redskins could offer Burleson a contract of $1M/year (which sounds high to me, given his injury riddled 2005 season) and if the Vikings don't match the offer, we'd owe them a third round pick in compensation. Here are some explanations I've picked up trolling the internet...
Restricted Free Agents (RFA) - Players with three years of NFL experience. Like an unrestricted free agent they are free to negotiate with any team however the current team has the right to match any offer and if they do so they retain the rights to the player. Failure to meet the offer means the player is awarded to the new team but the new team must give the old team compensation in the form of draft picks.
Q - Other than accrued seasons, what determines a restricted free agent?
A - He has received a "qualifying" offer (a salary level predetermined by the Collective Bargaining Agreement between the league and its players) from his old club. He can negotiate with any club through April 16. If the restricted free agent accepts an offer sheet from a new club, his old club can match the offer and retain him because it has the "right of first refusal." If the old club does not match the offer, it can possibly receive draft-choice compensation depending on the amount of its qualifying offer. If an offer sheet is not executed, the player's rights revert to his old club on April 16.
The player's original team maintains the First Refusal Right if the team tenders a contract offer of one year at $685,000 (estimate for 2006) for players with 3 accrued seasons or $725,000 (or some other sum as defined by the league in 2006) for players with four accrued seasons in uncapped years.
The player's original team maintains the Right of First Refusal and Draft Selection at the Player’s Original Draft Round (from the team with which he signs) if the team tenders an offer of one year at roughly $1 M (or some different sum to be defined by the league in 2006) OR at least 110% of the player’s prior year’s salary -- whichever is greater.
The player's original team maintains the Right of First Refusal and First Round Draft Selection (from the team with which he signs) if the team tenders an offer of one year at an estimated $1.5 million (or some different sum as defined by the league in 2006) OR at least 110% of the player’s prior year’s salary -- whichever is greater.
The player's original team maintains the Right of First Refusal and First Round Draft Selection and Third Round Draft Selection (both from the team with which he signs) if the team tenders an offer of one year at $2 million (or some different sum as defined by the league in 2006) OR at least 110% of the player's prior year’s salary -- whichever is greater.
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