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Brandon Pirri Qualifying Offer

A $1,000,000 qualifying offer is required to retain the RFA rights of Brandon Pirri. A two-way qualifying offer is permitted since Pirri 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. However, because the 105% increase results in the contract exceeding $1,000,000, the contract is limited to $1,000,000.

Reference Contract

SIGNING DATE:Jul. 17, 2014
LAST YEAR:2016
ANNUAL AVERAGE:$925,000

Salary Calculation

PREVIOUS SALARY:$975,000
SIGNING BONUS:$0
BASE SALARY:$975,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$1,000,000 (MAXIMUM INCREASED VALUE)

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:61
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:159
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way