SalarySwishSalarySwish

Chase Balisy Qualifying Offer

A $650,000 qualifying offer is required to retain the RFA rights of Chase Balisy. A two-way qualifying offer is permitted since Balisy 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. However, the qualifying offer is increased to meet the league-wide minimum salary requirement.

Reference Contract

SIGNING DATE:Jun. 2, 2015
LAST YEAR:2017
ANNUAL AVERAGE:$635,000

Salary Calculation

PREVIOUS SALARY:$635,000
SIGNING BONUS:$60,000
BASE SALARY:$575,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$650,000 (SEASON MINIMUM SALARY)

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:0
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:0
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way