A $660,000 qualifying offer is required to retain the RFA rights of Jonathan Racine. A two-way qualifying offer is permitted since Racine has not met both the games played and waivers requirements. The qualifying offer is equal to 110% of the previous contracts final season base salary because the salary was $600,000 or less.
Reference Contract
SIGNING DATE:Apr. 5, 2013
LAST YEAR:2016
ANNUAL AVERAGE:$908,333
Salary Calculation
PREVIOUS SALARY:$692,500
SIGNING BONUS:$92,500
BASE SALARY:$600,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$660,000
Type Determination
GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:0
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:1
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way