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Miles Wood Qualifying Offer

A $3,500,000 qualifying offer is required to retain the RFA rights of Miles Wood. A two-way qualifying offer is permitted since Wood 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:Sep. 22, 2018
LAST YEAR:2022
ANNUAL AVERAGE:$2,750,000

Salary Calculation

PREVIOUS SALARY:$3,500,000
SIGNING BONUS:$0
BASE SALARY:$3,500,000
MULTIPLICATION FACTOR:100%
QUALIFYING OFFER:$3,500,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:3
GP REQUIRED PREVIOUS 3 SEASONS:152
TOTAL GP PREVIOUS 3 SEASONS:126
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way