Within our list of 2026 free agents, there are currently 17 players in the "restricted free agents" section. However, not all of these players will actually become restricted free agents this offseason.
In order to make those players restricted free agents, their teams must issue them a qualifying offer, which is essentially a one-year contract offer that gives the club the right of first refusal in the event the player wants to sign with another team.
In some cases, that qualifying offer is a mere formality. There was a never a scenario in which the Bulls wouldn't extend a QO to Josh Giddey last offseason, for instance. But if the player's club decides not to issue that QO, he becomes an unrestricted free agent, able to freely sign anywhere.
Even if a team wants to retain a certain free agent, it might not make sense to tender him a qualifying offer if the club isn't comfortable with the idea of him actually accepting that offer due to the cost of the QO or the team's overall cap situation.
Last summer, Brooklyn opted not to issue a QO worth approximately $8.35MM to Ziaire Williams, even though the team hoped to retain him. The Nets were able to eventually re-sign Williams to a two-year, $12.5MM deal that put them in a better position to maximize their cap room.
Of course, in other cases, a team that doesn't issue a qualifying offer to its potential restricted free agent is simply fine with the idea of losing that player. The Trail Blazers passed on a QO for Jabari Walker last offseason, then watched him sign with Philadelphia as an unrestricted free agent.
In total, 10 of 18 players on standard contracts (ie. non two-way deals) who were eligible to receive qualifying offers last June got them from their respective teams. A similar process could play out this time around.
Here's an early look at which potential restricted free agents are good bets to get their qualifying offers and which ones might end up as unrestricted FAs:
