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I don't think you know how the offer sheet works.
It's a contract. If the Saints give him a 4 years, $45mill offer sheet and he signs it(and the Patriots decline to match), the Saints then get him at those terms. Not one year.
The offer sheet IS the way to get him signed for more than one year.
The offer sheet is one way to get him. And it's not the way NO is going to use because NO isn't giving up the #11 pick.
If Butler goes to NO it's going this way:
1) Butler and NO arrange but do not execute (because they can't) a deal.
2) Butler signs his tender offer from NE, putting him under contract to NE.
3) NE trades Butler to NO for the #32. The 1-year tender contract follows him to NO.
4) NO and Butler agree to tear up the tender contract and execute the deal they had arranged in (1).
Alternatively, they do:
1) Butler and NO arrange but do not execute (because they can't) a deal.
2) NE signs Butler to the identical deal that Butler arranged with NO.
3) NE trades Butler to NO for #32. Again, the contract follows him.
The first approach is more popular because it reduces the risk of the "sending" team getting screwed by the "receiving" team and also simplifies the handling of signing bonuses.