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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.
The 1988–1994 NHL collective bargaining agreement (CBA) introduced restricted free agency and operated under different rules than subsequent CBAs. [1] Unrestricted free agency would not be introduced until the 1995 CBA. The 1988–1994 NHL CBA had four groups of restricted free agents who were eligible to sign an offer sheet.
The National Hockey League rules are the rules governing the play of the National Hockey League (NHL), a professional ice hockey organization. Infractions of the rules, such as offside and icing , lead to a stoppage of play and subsequent face-offs , while more serious infractions lead to penalties being assessed to the offending team.
The "restricted" part of Group 2 free agency comes into play with the concept of an offer sheet. An offer sheet is a contract that a new team can offer a restricted free agent. If an offer sheet is signed by the player, the originating team has the option of matching that offer, or receiving compensation from the team in the form of draft picks.
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 ...
A Professional tryout (PTO) contract exists in the AHL and NHL. In the AHL, this type of contract is limited to 25 games. Teams may sign players to multiple PTOs at any time during the season, provided that after the completion of the PTO, the player has the right to sign a regular AHL contract or a PTO with another AHL team.
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This page was last edited on 4 October 2006, at 22:08 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...