what is a restricted free agent tender in the nfl
Restricted free agent In the National Football League, a restricted free agent (RFA) is one with three accrued seasons (six or more regular season games with a team)[1] of service, who has received a "qualifying" offer (a salary level predetermined by the NFL Collective Bargaining Agreement between the league and its players, known as a "tender") from his current club. He can negotiate with any club through a certain date. If the restricted free agent accepts an offer sheet from a new club, his old club has "right of first refusal," a five-day period in which it may match the offer and retain him, or choose not to match the offer, in which case it may receive one or more draft picks for the upcoming draft from the player's new club. If an offer sheet is not executed, the player's rights revert to his old club the day after negotiations must end.
NBA salary cap NBA teams can release a player to the waiver wire, where he can stay for 48 hours (during the regular season). While he is on waivers, other teams may claim him, for his existing salary. If he is not claimed, he is said to have "cleared waivers", and is treated like any free agent, able to sign with any team (with the special restriction noted above for players who were traded and then waived).