New CBA - now 4 levels of RFA tenders
The new CBA has added a 4th tender amount to the old scheme that had the high (match or 1st and 3rd compensation), middle (match or 1st round compensation) and low (match and receive a pick equal to where the lost player was drafted) tenders. Now they have added a 4th tender that is a match or get a 2nd round pick.
For 2007, the tender amounts are:
1st and 3rd: $2.35M
low tender: $850K
Re: New CBA - now 4 levels of RFA tenders