This year's class of unrestricted free agents was weak. This summer's class of restricted rree agents was a bumper crop that featured the likes of Steven Stamkos, Drew Doughty, Shea Weber, Keith Yandle and Zach Parise, among others.
Does it strike anyone else as odd that not a single offer sheet has been extended this summer?
In my opinion, it's not only odd, it seems just downright moronic.
There are seven categories of offer sheets that can be extended. The higher the annual cap hit, the higher the compensation. Here are the RFA compensation criteria for 2011-2012:
$1,034,249 annual cap hit or less: No compensation $1,034,249 - $1,567,043: Third-round pick $1,567,043 - $3,134,088: Second-round pick $3,134,088 - $4,701,131: First- and third-round picks $4,701,131 - $6,268,175: First-, second- and third-round picks $6,268,175 - $7,835,219: Two first-round picks, a second- and a third-rounder $7,835,219 and upwards: Four first-round picks Any team that is going to sign a player to an offer sheet must have the required draft picks available and those picks must be their own. Thus, picks acquired in trades cannot be used. It is p ...
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Article written by Karl Parkinson
NHL Free Agency: Why Are Offer Sheets Not Used More?
July 15th, 2011 by Karl Parkinson Leave a reply »
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