A $2,000,000 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 100% of the previous contracts final season base salary because the salary was $1,000,000 or greater.
Reference Contract
SIGNING DATE:Oct. 3, 2006
LAST YEAR:2007
ANNUAL AVERAGE:$2,000,000
Salary Calculation
PREVIOUS SALARY:$2,000,000
SIGNING BONUS:$0
BASE SALARY:$2,000,000
MULTIPLICATION FACTOR:100%
QUALIFYING OFFER:$2,000,000
Type Determination
GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:93
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:182
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way