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Old 03-01-2012, 12:09 PM   #1
shilala
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Default Re: The Official 2012 NFL Draft Talk Thread

I'm a bit lost on a "first round tender".
I understand that the reason his restricted free agency demands a first round pick is because he went in the first round.
I know franchise amounts are set by the CBA, as are tenders.
I just fail to see what the point is in the Steelers offering him a one-year 2.7 million deal? Any other team can beat that by a buck and give up a first round draft pick, right?
Or do the Steelers then have the opportunity to beat that offer, repeating ad nauseum?
Or does the dealing stop as soon as the Steelers beat any and all offers made for Wallace?
I'd think it'd be a better move to NOT offer him a deal, see if others come up with a number, then beat it, since they only have 2.75 million to play with anyways. The hope being that the highest offer for Wallace would be maybe 1.5 million.
I'll leave it at that because I really want to understand the tender offer and I have never been able to get my head around it.
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Old 03-01-2012, 12:24 PM   #2
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Default Re: The Official 2012 NFL Draft Talk Thread

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Originally Posted by shilala View Post
I'm a bit lost on a "first round tender".
I understand that the reason his restricted free agency demands a first round pick is because he went in the first round.
I know franchise amounts are set by the CBA, as are tenders.
I just fail to see what the point is in the Steelers offering him a one-year 2.7 million deal? Any other team can beat that by a buck and give up a first round draft pick, right?
Or do the Steelers then have the opportunity to beat that offer, repeating ad nauseum?
Or does the dealing stop as soon as the Steelers beat any and all offers made for Wallace?
I'd think it'd be a better move to NOT offer him a deal, see if others come up with a number, then beat it, since they only have 2.75 million to play with anyways. The hope being that the highest offer for Wallace would be maybe 1.5 million.
I'll leave it at that because I really want to understand the tender offer and I have never been able to get my head around it.
A first round tender has nothing to do with where he was drafted (he was drafted in the 3rd round BTW) but what kind of protection the franchise puts on his rights (there are varying levels of tenders a franchise can use). So in this case, they put a first round tender on him (this year being 2.7 million) and Wallace is free to seek out a deal with any other team. So, let's say the Rams offer and Wallace agrees to a 5/30 deal. The Steelers then get the right to match that offer. If they choose not to, the Rams sign Wallace to the already agreed upon contract and the Steelers get the Rams 1st round pick as compensation. Make sense?
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Old 03-02-2012, 07:35 AM   #3
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Default Re: The Official 2012 NFL Draft Talk Thread

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A first round tender has nothing to do with where he was drafted (he was drafted in the 3rd round BTW) but what kind of protection the franchise puts on his rights (there are varying levels of tenders a franchise can use). So in this case, they put a first round tender on him (this year being 2.7 million) and Wallace is free to seek out a deal with any other team. So, let's say the Rams offer and Wallace agrees to a 5/30 deal. The Steelers then get the right to match that offer. If they choose not to, the Rams sign Wallace to the already agreed upon contract and the Steelers get the Rams 1st round pick as compensation. Make sense?
Yup, perfect sense.
But now it begs the question as to why, as a restricted free agent, Ward commands a first round pick if someone picks him up?
Or am I just mixing up the tender offer with restricted free agent rules?
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Old 03-02-2012, 08:17 AM   #4
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Default Re: The Official 2012 NFL Draft Talk Thread

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Yup, perfect sense.
But now it begs the question as to why, as a restricted free agent, Ward commands a first round pick if someone picks him up?
Or am I just mixing up the tender offer with restricted free agent rules?
Hines Ward was under contract and the Steelers released him. Mike Wallace is a RFA, which means that although Wallace can shop around, the Steelers still own his rights. It's been awhile, but I believe this (RFA) applies to every player after they've completed three years of service that wasn't drafted in the first round. By all means, if this is incorrect, someone come straighten us out.
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Old 03-02-2012, 09:05 AM   #5
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Default Re: The Official 2012 NFL Draft Talk Thread

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Hines Ward was under contract and the Steelers released him. Mike Wallace is a RFA, which means that although Wallace can shop around, the Steelers still own his rights. It's been awhile, but I believe this (RFA) applies to every player after they've completed three years of service that wasn't drafted in the first round. By all means, if this is incorrect, someone come straighten us out.
I meant Wallace, duh.
The snot medicine has taken me to outer space.
I read the restricted free agent rules the other day, if I'd have thought for one minute before typing, I'd have already known the answer.
I actually pulled the rules up because the guys on the radio show I was listening to didn't know the answer, either.
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