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All ERFA's are tendered today


Punt75

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Based upon the accrued years for each of these players, here are the amounts the Bills were required to submit as an offer. (Figures are unofficial estimates):

TE - Nick O’Leary - $630,000
TE - Logan Thomas - $555,000
DE - Eddie Yarbrough - $555,000
CB - Lafayette Pitts - $630,000

 

They were all tendered offers today and will be back with the Bills this season!

Edited by Punt75
Left out a letter in TOPIC - sorry!
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19 minutes ago, NoSaint said:

Where’d you get it? Offers aren’t based on years accrued but round of compensation if signed away, no?

 

SAL CAPACCIO
MARCH 13, 2018 - 1:48 PM

CATEGORIES: Bills News NFL NFL Draft NFL Free Agency Top Stories
The Buffalo Bills have retained all four of their Exclusive Rights Free Agents.


According to ESPN, the team has made the required qualifying offers to retain tight ends Nick O’Leary and Logan Thomas, defensive end Eddie Yarbrough, and cornerback Lafayette Pitts.


What, exactly does this mean?


An Exclusive Rights Free Agent (or ERFA) is any player who has less than three accrued seasons in the league, but whose contract is expiring. The team controls the situation with all of these players. They had no risk of losing any of them unless they chose to and allowed the player to become an unrestricted free agent when the new league year begins Wednesday at 4 p.m.


Here’s how it works: The Bills simply needed to submit a contract offer, also known as a “tender,” to that player for the minimum one-year salary for how many accrued years he will have in the league in 2018. According to the report, that's exactly what they’ve done for all four players. The player doesn’t even have to sign that offer. It simply has to be formally submitted to him for the Bills to retain his rights through next season. Then no other team has any available avenues to sign that player to a contract or even an offer sheet.
 

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Ah ERFA and RFA are two different things- makes sense now 

12 minutes ago, Limeaid said:

He did not say what was offered but minimum to retain.

 

And both the numbers for the minimum offer and the process didn’t match the RFA process. Simple misunderstanding with it actually being ERFA.

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