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Thursday is the deadline for teams to make qualifying offers to their restricted free agents whose contracts are expiring and to whom they desire to retain a right of first refusal/compensation.
Translation of the league's language: It's time to attach a one-year tender offer to RFAs (players who are heading into their fourth seasons without a contract). It's a one-year contract offer that comes with draft-pick compensation attached. If a team signs a RFA to an offer sheet, the original club has a week to match. If it chooses not to, then it gets the compensation instead.
NFC West expert Mike Sando pulled this information together that spells out teams' options with RFAs:
Here are the AFC South restricted free agents: