Kukla's Korner Hockey
by Paul on 06/19/12 at 12:18 PM ET
Frisco, TX - The Dallas Stars announced today that the club has extended qualifying offers to Jamie Benn and Philip Larsen. The Stars have now extended qualifying offers to a total of eight players.
Teams are required to extend a one-year “qualifying offer” to any current restricted free agent by June 25 in order to receive the right of the first refusal or draft choice compensation should that respective player sign an offer sheet with another NHL club. The qualifying offers will expire at 4 p.m. (Central Time) on Sunday, July 15.
Qualifying offers fall into three categories:
1. A player whose prior year salary was equal or less than $660,000 must receive a qualifying offer of 110% of their prior year’s salary.
2. A player whose prior year salary was more than $660,000 and up to $1 million must receive a qualifying offer of 105% of their prior year’s salary (but in no event shall such qualifying offer exceed $1 million).
3. A player whose prior year salary was more than $1 million must receive a qualifying offer at 100% of their prior year’s salary.
If a team does not give a qualifying offer to a restricted free agent, he is eligible to become an unrestricted free agent on July 1, and can sign with any team with no compensation required to the player’s former club.
Be the first to comment.
Add a Comment
Please limit embedded image or media size to 575 pixels wide.
Most Recent Blog Posts
About Kukla's Korner Hockey
Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
Email Paul anytime at email@example.com