A $552,200 qualifying offer is required to retain the RFA rights of Paul Martin. A two-way qualifying offer is permitted since Martin 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
LAST YEAR:2006
ANNUAL AVERAGE:$502,000
Salary Calculation
PREVIOUS SALARY:$502,000
SIGNING BONUS:$0
BASE SALARY:$502,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$552,200
Type Determination
GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:89
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:164
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way