{coyotes} Compensation thresholds for 2026 NHL offer sheets revealed

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Offer sheet season is almost here, and now teams know what it will cost to make one.

Here are the 2026 compensation thresholds for each tier of offer sheet, per Sportsnet's Elliotte Friedman:

Offer Sheet AAV	Compensation
$1,575,969 or less	None
$1,575,969 to $2,387,832	Third-round pick
$2,387,832 to $4,775,666	Second-round pick
$4,775,666 to $7,163,498	First- and third-round picks
$7,163,498 to $9,551,332	First-, second- and third-round picks
$9,551,332 to $11,939,166	Two firsts, one second and one third
$11,939,166 or more	Four first-round picks

Teams can start talking to restricted free agents on the night of June 30, but nothing can be signed until free agency officially begins on July 1.

And remember that in determining the AAV of an offer sheet, you divide the salary by term length or five — whichever is lower. 

There were no players signed to offer sheets last off-season, but two summers ago, the St. Louis Blues signed both Philip Broberg and Dylan Holloway to offer sheets that the Edmonton Oilers chose not to match.

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