A $1,650,000 qualifying offer is required to retain the RFA rights of Andrew Ladd. A two-way qualifying offer is permitted since Ladd has not met both the games played and waivers requirements. The qualifying offer is equal to 100% of the previous contracts final season base salary because the salary was $1,000,000 or greater.
Reference Contract
SIGNING DATE:Jun. 23, 2008
LAST YEAR:2010
ANNUAL AVERAGE:$1,550,000
Salary Calculation
PREVIOUS SALARY:$1,650,000
SIGNING BONUS:$0
BASE SALARY:$1,650,000
MULTIPLICATION FACTOR:100%
QUALIFYING OFFER:$1,650,000
Type Determination
GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:101
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:263
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way