Restricted Free Agency (RFA) is an option for HAC owners to take advantage of to have more flexibility with their offseason moves. It is also a way for the league to have some activity in the offseason and create some excitement. Every team will have a chance to nominate one player as an RFA at no cost. A team does not have to participate in this, either by nominating a player or bidding on any nominated RFA players by other franchises. Restricted Free Agency will take place after keepers are submitted for about a week on the Fantrax league message board. Once a player is granted restricted free agency by a team, that team commits to that player as a keeper if there are no bids on the player. Any player acquired or retained during the RFA process will not count against a franchise’s $100 keeper cap; they will only count against the overall $170 salary cap. And any player that is acquired during this process will be on a one year, non-guaranteed contract. A player acquired through or retained after RFA must be retained until after that year's league auction.
An owner can only grant a player RFA during a non-guaranteed contract or a player not on a contract that was acquired in the previous year’s auction or as a free agent. RFA is a way to re-sign a player back at a discount due to lack of interest from other teams, or maybe use as an alternative when an owner isn't completely sure about re-signing a player. An owner cannot grant a player RFA while on a guaranteed contract or Option Year. An owner can pay 80 HAC Coins to for the right to offer RFA to an additional player. An owner can also pay 50 HAC Coins for insurance and be compensated in case they elect to not match the highest bid on a player. The explanation is below:
RFA COMPENSATION (50 COINS): This prize will allow an owner to grant a player Restricted Free Agency and in the event that the player's salary is too high to match, that owner will get coins back as compensation for losing that player. This prize *must* be purchased before RFA starts. HAC points scored are only accrued to the conclusion of the HAC season...not the NBA season, as the HAC ends its season approximately two weeks before the NBA season ends. So, if a player scores 1,900 points at the conclusion of the HAC season, but 2,100 points at the conclusion of the NBA season - the 1,900 total is what is used.
Bids start at $1 more than the player's salary from the previous season. If no one bids on the player during RFA, the original team will retain that player at a discount based on the chart below. Other owners will have one week to bid on each RFA player. If, at the end of the week, there was a bid on a player higher than the starting RFA salary, then the original owner would have a choice: match the highest bid for the player, or let the player go to the high bidding franchise. Whether the original team retains the player after RFA or if the player is allowed to go to the highest bidding team, that player's contract status *will* reset.
Another aspect of Restricted Free Agency is through the "4 Year RFA" option, available for 375 HAC Coins. A franchise can spend these 375 HAC Coins to offer a player RFA who is at the end of his four year contract. No less service time under contract will qualify. It is a way of potentially re-signing the player and preventing the player from entering the HAC Auction again. However, the player will still be exposed to the league. The owner would have the right to match the highest bid on the player and retain the player if there are any bids. If no bids, the owner would get the player back at a discount. The four year clock would then re-start on the player.
Franchise owners will have a deadline imposed by the league to name their restricted free agent players. There will be a deadline for bids for each player and if an owner waits until the last day to bid on a player, that player's restricted free agency bidding timer will be reset for another 24 hours. This will continue until there are no bids in the last 24 hours. An owner who acquires a player through RFA with a high bid or retains a player because he got no bids does not have to sign a player to a contract. The owner simply acquires the rights to the player for another season much like how a player is acquired for one year in the auction.
These are the discounts that are available to a franchise that granted a player RFA but had no bids on that player.