<Ul> <Li> Salary Arbitration . Both the player and his current team submit their expectations for the player's salary for the coming year . The team cannot request a reduction in salary of greater than 15% . The arbitrator hears the case from both player and team and renders a verdict . The verdict sets the salary the team is required to pay the player . After the arbitrator's verdict is rendered, the team must make a decision within 48 hours of the verdict being rendered . If the team accepts, the player is signed to a new contract at the salary set in the verdict . Should the team decline, the player then becomes an unrestricted free agent . </Li> </Ul> <Li> Salary Arbitration . Both the player and his current team submit their expectations for the player's salary for the coming year . The team cannot request a reduction in salary of greater than 15% . The arbitrator hears the case from both player and team and renders a verdict . The verdict sets the salary the team is required to pay the player . After the arbitrator's verdict is rendered, the team must make a decision within 48 hours of the verdict being rendered . If the team accepts, the player is signed to a new contract at the salary set in the verdict . Should the team decline, the player then becomes an unrestricted free agent . </Li> <P> A team can take a player to arbitration once in his career . Players may request salary arbitration as often as they please . </P> <P> Players in the National Basketball Association (NBA) with four or less years of experience may become restricted free agents under certain conditions . </P>

How do qualifying offers work in the nhl