RFAs will be taking care of during the RFA phase. All owners will have the opportunity to make offers on all available RFAs (assuming they have the cap space to meet the RFA's salary demands and also have the draft picks that signing another teams RFA will require (which cannot be another teams draft picks)) Then, after offers are made, the team owning the RFA's rights has the choice either to match 90% of the highest offer and retain the player or let the player sign with the other team and accept compensation.
For example, a team makes a 10 million dollar offer on Erik Karlsson. You could retain him for 9 million, or let him go and get two First-round choices, 2 second-rounders and 2 third-rounders.
Pulled this from the FHL Rule Book:
Some notes to remember regarding RFA:
1) The bid you make for a player in this phase will be exactly what you need to pay the player. If you make a bid for 10M and someone decides not to match, you are on the hook for 10M (contingent to some minor savings for signing the player for a longer term contract).
2) You do not want to bid on your own players. This could only be driving up the cost on a player who you will have a chance to match anyways.
3) Your bid needs to be at minimum, the player’s asking price.
4) You must have your own draft picks in order to make a selection that will require forfeiting those draft picks if you win. Therefore, you need to review the picks you will need to give up in case you win a bid for a player and the current owner decides not to match. This also means that you might only be able to bid on one player especially during these higher rounds.
5) If you bid on a player or multiple players in a round and your bid(s) would involve compensation that you either do not have, or would not have if you won all the players you bid on, then your bids, no matter what they are, will not be considered in determining what happens to the player. It is important for each owner to understand the compensation chart below and not double dip during any round.
6) Any player that is brought into play by being bid on by at least one player in a round will be off of the table for later rounds after the players current owner decides to match or take the compensation. This means that if Quick is bid upon by a few GMs in the first round of RFA, once the highest bidder is determined and Quick's owner decides what to do with him, his fate is sealed. He will not be available to bid on in round 2 and later.
Here is the compensation chart that we will be using:
Tier I (Drafted Players ELC)
Compensation TBD
Tier II (Players under 30 on 7/1)
below 1M : No compensation.
1M - 1.499M : (1) third-round draft choice.
$1.5M - 2.999M: (1) second round draft choice.
$3M - 4.499M: (1) first-round choice and (1) third-rounder.
$4.5M - 5.999M: (1) first- (1) second- and (1) third-rounder.
$6M to 7.999M : (2) First-round choices, (1) second-rounder and (1) third-rounder.
$8M and over: (2) First-round choices, (2) second-rounders and (2) third-rounders.
Tier III (Players over 30 on 7/1)
below 1.5M : No compensation.
$1.5M - 2.999M : (1) fourth round draft choice.
$3M - 4.499M: (1) third round draft choice.
$4.5M - 5.999M: (1) second-round choice
$6M and over: (1) first-round choice
Once the last phase has completed, owners will need to review all of their RFAs who have not been bid upon and decide to keep them (at 90% of asking price) or release them without penalty at which point they will become unrestricted free agents.
Read more:
gtgfhl.proboards.com/thread/1716/fhl-rulebook-wip#ixzz36pEIKIYy
