A $550,001 qualifying offer is required to retain the RFA rights of Zack Smith. A two-way qualifying offer is permitted since Smith 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:Aug. 14, 2008
LAST YEAR:2011
ANNUAL AVERAGE:$583,333
Salary Calculation
PREVIOUS SALARY:$558,334
SIGNING BONUS:$58,333
BASE SALARY:$500,001
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$550,001
Type Determination
GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:55
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:77
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way