The information I'm seeing with respect to teams losing a QO FA is as follows:
In terms of compensation, an organization which loses a QO-declining player who signs for $50MM or more will pick up a draft choice “after the first round.” If a QO-declining player inks for under $50MM with another organization, the draft compensation slides to “after competitive balance round B.” There’s a different set of rules for teams that are over the luxury tax line; any compensatory picks they receive will take place after the draft’s fourth round.
I believe almost all FA with QO will be able to get deals over 50MM under the new rules. No?
Yes, there is no incentive for teams to hand out $49M contracts.