When are draft picks received by a team during NHL Free Agency. What rules apply when players are restricted?

Question

When are draft picks received by a team during NHL Free Agency. What rules apply when players are restricted?

Answer 1

draft picks are restricted free agents which means that they ahve the rights to that person till sum time in august i think im not sure on tht date.. when players are restricted it means that teams can offer thm a contract but the team tht owns thoses players rights has the option to match the offer to keep the player

Answer 2

When a team's offer sheet signed by a restricted free agent is not matched by the rights holder, the rights holder receives draft picks based on the terms of the contract.  The higher the value of the contract, the more draft picks it will cost.

I'll have to look at what the current scale is for this year.

Answer 3

First, to be a Restricted Free Agent (RFA) a player must be 26 or younger on June 30th OR have fewer then 7 accrued seasons (to get credit for an accrued season, a skater must be on a team's NHL roster for 40 games; for goaltenders, it's 30 games).

On July 1st, the Free Agency Period begins. At this time ANY team can give a RFA an 'Offer Sheet' - bascially a contract proposal. If the Player accepts and signs the Offer Sheet, the player's original team has seven days to decide if they want to match the Offer Sheet.

If the original team chooses to match the Offer Sheet, then the Offer Sheet becomes the player's contract with their original team.

If the original team decides NOT to match the offer sheet, then the offer sheet becomes the players contract with their NEW team. At this time, the NEW team must also give to the original team draft picks, based on the total amount of the contract divided by the length of the contract (or 5, whichever is smaller).

The expected compensation for this year is:

$863,156 or less --> None

$863,156 - $1,307,811 --> 3rd round pick

$1,307,811 - $2,615,623 --> 2nd round pick

$2,615,623 - $3,923,434 --> 1st and 3rd round pick

$3,923,434 - $5,231,246 --> 1st, 2nd, and 3rd round pick

$5,231,246 - $6,539,061 --> Two 1st's, one 2nd, one 3rd round pick

$6,539,061 or more --> Four 1st round picks

The picks given to the original team by the NEW team MUST be the NEW teams OWN picks, not draft picks they aquired through trades or as compensation for losing their own RFAs. The picks also have to pretty much be for the next draft, with the exception of picks in the same round, which need to be available in the next years + 1 (so if its two picks in the same round, they need to be available in the next 3 drafts; 3 picks in the next four; and so on). The teams don't pick which years these multiple picks in the same round come from, it's always the first available.

If a NEW team doesn't have the available draft picks based on the compensation offered in the Offer Sheet, the offer sheet is pretty much void, and the NEW team could be punished by the NHL for attempting the circumnavigate the CBA.