Exactly how does Arbitration/Restricted Free Agency work?
Playing as the Senators in the 2016-17 season I had a few RFA's coming up, including Curtis Lazar, Mike Hoffman, and Jared Cowen, now I qualified all these players, but only Cowen ended up going to arbitration while Lazar and Hoffman accepted offers from the Red Wings and the Wild. I didn't get any compensation in the form of draft picks, not even a notification that players whose rights I owned were signing elsewhere (other than the typical 'Mike Hoffman accepted an Offer from the Minnesota Wild; Mike Hoffman moves to the Wild')
I'm baffled as to how arbitration works, or any sort of compensation does.
Can someone explain it?
