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In the National Hockey League, an offer sheet is a contract offered to a restricted free agent by a team other than the one for which he played during the prior season. If the player signs the offer sheet, his current team has seven days to match the contract offer and keep the player or else he goes to the team that gave the offer sheet, with compensation going to his first team.
Teams have seven days to match the offer, and if the offer is not matched, the team making the offer sheet must give up compensation (see here for details). Currently to be tendered an offer sheet, a player must qualify as a Group 2 Restricted Free Agent (Group 2 RFA). To be considered a Group 2 RFA, a player must:
Team matching offer sheet. Arizona Cardinals offensive guard Reggie Wells was a restricted free agent in the 2006 offseason. On March 17, the Buffalo Bills signed him to an offer sheet – a five-year deal worth approximately $18 million. Four days later on March 21, the Cardinals matched the Bills' offer sheet for Wells, and he reverted to the ...
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Some teams could test Toronto's willingness to match a heavy offer sheet, but ultimately the Raptors would be wise to match everything that comes their way. 8. PG James Harden, Los Angeles Clippers
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