from Steve Carp of the Las Vegas Review-Journal,

Unrestricted free agents can begin contacting other teams Sunday night and sign starting July 1. The Knights have four unrestricted free agents — forwards James Neal, David Perron and Ryan Reaves and defenseman Luca Sbisa — and McPhee said Saturday that the team has extended offers to all four.

“So far, they haven’t been accepted, so we’ll see where the process takes us,” McPhee said. “But there’s a line there. You either have a deal or you don’t.”

Neal, who turns 31 in September, rejected a five-year, $25 million offer, according to reports out of Canada. He wants $6 million a year over six years; he made $5 million last season.

Reaves, who made $1.12 million last season, also wants a longer-term deal with an increase in pay.

“We made our offer, and they said they’d circle back,” McPhee said. “They’re looking for a longer term, and if they get it, they won’t be back.”

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