Although much of the NFL’s restricted free agent news will be overshadowed in the coming days, teams have until March 17 to tender their RFA crops. The prices for such moves are now set.
Here is how much it will cost for teams to tender RFAs, per Tom Pelissero of NFL.com (on Twitter).
- First-round tender: $4.766MM
- Second-round tender: $3.384MM
- Original-round tender: $2.183MM
- Right of first refusal: $2.133MM
Restricted free agents are players who have three accrued seasons. With draftees’ rookie contracts running four years, this glut of players usually comes from the undrafted ranks. The PFR Glossary has more on this topic.
In the coming days, teams like the Broncos (Phillip Lindsay, Alexander Johnson, Tim Patrick), Chiefs (Charvarius Ward, Andrew Wylie), Patriots (J.C. Jackson) and others will need to make tender decisions. Were the Patriots to place a first-round tender on Jackson, they would be entitled to a first-round pick back if they refused to match an offer sheet. Were they to tender Johnson or Lindsay at the second-round level, they would receive a second-rounder back if they passed on matching an offer.
Restricted free agents can sign offer sheets through April 23 this year.
Wouldn’t you think the NFL would have set these numbers BEFORE the RFA tender period started?
Doesn’t it not start till the 15th??
They did…the article is late coming out