As most know, free agency is also more elaborate than just players without contracts being able to sign anywhere at 12 p.m. on Wednesday.
So, to start, here's a timeline of events, and subsequent questions pertaining to, for the next couple of days:
5 p.m.: Qualifying offers are due to Restricted Free Agents (RFAs).
Who receives a qualifying offer?
RFAs who the team hopes to retain negotiating rights to. Qualifying offers are for one-year contracts. The minimum salary for the qualifying offer depends on the player's prior year salary.
What happens if a qualifying offer is not made?
If the qualifying offer is not made, the player becomes an unrestricted free agent.
What if the player rejects the qualifying offer?
If the player rejects a qualifying offer, he remains a restricted free agent.
12 a.m.: Restricted Free Agents can be contracted for offers sheet discussions.
5 p.m.:First contract buyout window closes.
What is an offer sheet?
A restricted free agent can receive an offer sheet from a team that is not the one that presently holds his rights. Should the player sign it, the team holding his rights has the ability to match it. If the team holding the player's rights elects not to match the offer, they may be entitled to compensation (draft picks) in exchange.
Wednesday, July 13
12 a.m.: Unrestricted Free Agents (UFAs) lose the ability to re-sign with club for eight years.
12 p.m.:Signing period opens for both Unrestricted and Restricted Free Agents.
Who are the Canes' RFAs?
What is the difference between a RFA and a UFA?
An RFA is a player who has completed his entry-level contract, but does not have enough NHL service time to become a UFA. This player qualifies as an RFA when his contract expires.
Who are the Canes' UFAs?
Worth A Click:
Canes Issue Qualifying Offers To Eight
Canes Announces Prospects Development Camp Roster
2022 Day Two Draft Recap
Canes Trade DeAngelo To Flyers For Three Picks
Don Waddell's Draft Media Availability
Burnside: Gleason's First Season Behind The Bench
Canes Announce 2022 Prospects Development Showcase Schedule
Canes Contract Tracker
