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Alexandre Picard Qualifying Offer

A $868,219 qualifying offer is required to retain the RFA rights of Alexandre Picard. A two-way qualifying offer is permitted since Picard has not met both the games played and waivers requirements. The qualifying offer is equal to 105% of the previous contracts final season base salary because the salary was greater than $600,000 and less than $1,000,000.

Reference Contract

SIGNING DATE:Sep. 9, 2009
LAST YEAR:2010
ANNUAL AVERAGE:$826,875

Salary Calculation

PREVIOUS SALARY:$826,875
SIGNING BONUS:$0
BASE SALARY:$826,875
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$868,219

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:9
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:27
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way