What was the 2020 restricted free agent salary example for a player with a 1st round qualifying offer?

In 2020, the salary for a restricted free agent who received a first-round qualifying offer was set at $4.407 million. This amount represents the minimum salary offered to players in this situation, providing a benchmark that reflects the value and investment a team places on the player. A first-round tender generally indicates the team’s commitment, as it means they are willing to claim compensation should the player sign with another team.

The specific figure is established by the collective bargaining agreement, which outlines the financial dynamics of the league, balancing the interests of players and teams. The first-round tender's value can prevent the player from receiving offers from other teams, protecting the team’s investment in that player. This figure is crucial for understanding the landscape of restricted free agency and how teams navigate player contracts while ensuring compliance with salary cap regulations.

Other salary values provided in the options do not align with the established first-round qualifying offer for that specific year, reinforcing the accuracy of the correct amount.