This proposal will change:
Article X--Transactions
Section B- Free Agency
Sub-Section 3- Compensation for losing a FA
Item AX B(3) 1.0
The rule will be amended to include the following components:
For 2017:
1) Only one draft pick as compensation for a Type A free agent;
2) The elimination of Type B free agents;
3) Protection of 1st Round Picks for the top ten teams in the draft;
4) When a team loses a 1st Round pick, the team gaining the pick does not replace that team in the 1st Round. Instead, the 1st Round is condensed and that pick becomes a part of the Compensation Round between the 1st and 2nd Rounds. If the pick lost is protected (1-10), then the pick lost is the teams 2nd Round pick, or possibly a Compensation Round pick, whatever is higher.
For 2018:
1: Continue one draft pick compensation for Type A free agents;
2: There shall no longer be any protection of 1st Round Picks for the top ten teams in the draft (since they are losing a later round pick);
3: Draft compensation would be a 3rd Round pick--which would be taken in the same spot as the team who signed the free agent would normally have.
4: Compensation would be tied to a player who has been on a team the entire season.
4: If a Type A free agent is signed to a contract of $52.0m, or more, then the team signing that player will give up their 2nd and 5th Round picks to the player's former team.
