Quote:
Originally Posted by Flash Walken
By signing the offersheet O'Reilly ceases to be a restricted free agent. He has a contract with terms. The only dispute is which team is going to be in possession of said contract.
If the flames trade for Jay Bouwmeester and sign him to an extension before July 1st, he is not an unrestricted free agent on july 1st. He's a player with a signed SPC.
The contract is signed, the ambiguity of his status is non-existent. Until such a time as the Avalanche determine whether they will continue to retain his rights or take the compensation in exchange for his rights, he is a player under contract for the Colorado Avalanche.
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All Players on a Club’s Reserve List and Restricted Free Agent List will be exempt from the application of CBA 13.23 Waivers in the case of a mid-season signing
All players on a club's reserve list...
exempt from the application of CBA 13.23...
in the case of a mid-season signing.
That's it, mid-season signing, not mid-season signing by that team.
It even goes on to give an example of a traded player
still being exempt.