Wonder why this is never done? NHL teams can sign RFA's of other teams to offer sheets up to $1,239,226 AAV for No Draft Choice Comp.

Obviously this does not apply to a high end RFA. But there are many RFA's based on team cap situation or budget where this could work.

added 11:40am,

Another factor is term. RFA offered 1 year, $1M deal by club. Other team can step in, sign player to 2 yr Offer Sheet for No Comp.

-Allan Walsh via his Twitter account.