I was just reviewing the rules to see when bidding ends on RFA's.
The rules state the following:
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If no other team submits a contract offer on a RFA before April 30th each year or any other predetermined RFA period deadline, the original team tendering the contract will re-acquire that player at the tender contract price. After a player is signed or re-signed, he must be placed under contract before the regular season begins.
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In terms of when a player sells, they state:
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RFA's will be considered SOLD if a bid survives 48 hours without being increased.
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and then on the 72 hour match period
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Once a RFA bid is won by another franchise, the original team tendering the RFA contract will have three 3 days (72 hours) to match that offer. If the tendering team declines to match, they will receive a compensatory pick based on the tender round that player received. i.e., if Player A is tendered a 1st round offer, and that player is not subsequently matched by the tendering team, the tendering team will receive a 1st Round compensatory pick in the Rookie Draft. If the tendering team subsequently matches the highest offer, they receive no compensation.
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My interpretation of the above is that a player still within the 48 hour period after April 30th may continue to be bid upon. The 72 hour match period will not begin until the player sells after not having been increased for 48 hours.
This means the RFA period may actually extend into our rookie draft in the 1st week of May. Just a headsup.
Players with no bids before this point will sell on APril 30 at the tender price.
Am I reading this correctly? Just want to make sure we're all on the same page.