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Smart Money

June 27, 2019

An Offer They Can’t Refuse?

Smart Money

A player will find themselves in one of two situations when their NHL contract expires, either an unrestricted free agent (UFA) or restricted free agent (RFA). UFAs have the ability of select from among the teams who have offered a new contract. However, this luxury is only tendered to players who meet the minimum age and/or service requirements. For those classified as RFAs, the ability to negotiate is much more limited. Check out the link below as the rights for an RFA are explained.

A Guide for the Restricted Free Agent

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Gavin Hockey Wealth Specialists
Scotiabank Arena, 50 Bay Street, Suite 1444, Toronto M5J 3A5
416-861-1998