Yes - it makes him a RFA. Being 'Restricted' is Portland's insurance so we can match any offers (if we choose). Outside of that - the QO doesn't mean much.
No -> not offering a QO does not automatically rescind the bird (or early bird) rights. There are two separate issues.
Okay, yes, then my point still stands. All I meant was that I am glad we didn’t offer him like a super max, Ant has promise, and I hope we retain him, but I hated the situation Olshey put us in constantly. He was always over paying our own players instead of letting the market decide their value and then matching the offer if it made sense to do so.
At this point Joe is not doing anything different than Olshey did. Again - those are 2 separate steps. Step 1) Offer the QO - making them a RFA Step 2) Negotiate the new contract This is the same process that Olshey used when negotiating Meyer's extension. It's also the same process that Olshey used with Crabbe. Both players were tendered a QO, making them RFA. It wasn't until AFTER July 1 that they negotiated their new contracts.
No I don't believe we know this. Even if the Blazers had a deal in place they'd make him a RFA just as due diligence.
as I understand it, renouncing the QO simply eliminates Portland's right of first refusal; Elleby is UFA now. But I believe Portland still has Early Bird rights, which keeps the cap-hold (1.97M) in place until/unless the Blazers renounce the EB rights maybe I have that wrong though edit: and I wrote that before I saw that cj-is-gone had done a better job of explaining it