Free Agent Frenzy Is Here!

Some Free Agents of 2009...not all of them.

Finally the day has arrived.....the Free Agent Frenzy! So what is going to happen today? Surely, we have several subplots along the way. Will Dany Heatley be traded? Where will Mike Komisarek head off to? Hey Mr. Hossa which team will you sign with today or tomorrow? There are still more questions than answers at this point and over the next several days...the answers will gradually come into focus.

Everyone remembers the Gomez and Drury signings from 2007...the one year deal to Hossa last year. So much money gets spent during the first few days of the frenzy. Our goal is to try and keep you updated on the latest names and games going on during the most precious of days....July 1st...also Canada Day.

So grab a beer with us...okay maybe a whole case. We will be talking to as many sources as we can stomach and more. Also to add a twist...here is the compensation for the offer sheets that could be offered also in the next week or two. Thanks to JJ Guerrero and HF Boards:

The new compensation levels for signing restricted free agents (RFA) are in. Via HF Boards:

$994,433 or below - No compensation
Over $994,433 to $1,506,717 - 3rd round pick
Over $1,506,717 to $3,013,433 - 2nd round pick
Over $3,013,433 to $4,520,150 - 1st round pick and 3rd round pick
Over $4,520,150 to $6,026,867 - 1st round pick, 2nd round pick and 3rd round pick
Over $6,026,867 to $7,533,584 - Two 1st round picks, 2nd round pick and 3rd round pick
Over $7,533,584 - Four 1st round picks

Needless to say this frenzy will be one that will be talked about for quite a long time. So join us during the day and evening for constant updates...only on The Program....where the beer is served ice chilled and is always on tap!!!!