The rights of first refusal rule was already implemented during the 1980s where teams are given the chance to match the offer made by another team to their players with expired contract. "So, when I went home, I received an offer from Pepsi and was asked if I signed a contract. The new rule on free agency will give players an opportunity to seek better offers. But who will really benefit from this new rule? Since we are staying in the league, we have to find ways and be clever in how to deal with this new rule and adapt to the changes."
Source: Manila Times November 12, 2021 23:20 UTC