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RFA tenders increase
RFA TENDERS INCREASE
Mike Reiss of the Boston Globe (sheesh -- we cite him two stories in a row . . . we must owe him a favor or money or something) has the restricted free agents tenders for 2007 in his blog.
Per Reiss, the low tender is a one-year contract with a salary of $850,000. By offering the restricted free agent a contract worth that amount, the team retain the right to match any offers received by the player, along with compensation equal to a draft pick from the round in which the player originally was selected. For a player who was undrafted, there is no compensation.
The new second-round tender (which guarantees compensation in the form of a second-round draft pick) is $1.3 million.
The first-round tender is $1.8 million.
The first-round and third-round tender is $2.35 million.
In 2006, the low tender was $712,000, the first-round tender was $1.55 million, and the first-round and third-round tender was $2.069 million.
The biggest challenge for teams with restricted free agents in 2007 is the selection of the appropriate tender amount. Given the continued presence of the poison-pill provision, which allows a new team to sign a guy to, for example, a seven-year, $49 million offer sheet that becomes full guaranteed if he plays five games in the city in which his current team is located, it's easy to come up with a financial package that the original team won't be able to match.
The team facing the biggest dilemma in this regard is the Falcons. If quarterback Matt Schaub is tendered at the $1.8 million level, another team might opt to give up the first-round pick in order to get him. Thus, the Falcons likely will be forced to pay Schaub $2.069 million in order to keep him around as the backup to running back Mike Vick for another season.
Schaub made $425,000 in 2006, the third and final year of his rookie deal.
The GREATEST risk is not taking one. ....Bob, hire Eliot Wolf, then get the hell out of the way.
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