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Craig Smith Qualifying Offer

A $715,000 qualifying offer is required to retain the RFA rights of Craig 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:Jul. 26, 2011
LAST YEAR:2013
ANNUAL AVERAGE:$900,000

Salary Calculation

PREVIOUS SALARY:$740,000
SIGNING BONUS:$90,000
BASE SALARY:$650,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$715,000

Type Determination

GP REQUIRED LAST SEASON:36
TOTAL GP LAST SEASON:44
GP REQUIRED PREVIOUS 3 SEASONS:156
TOTAL GP PREVIOUS 3 SEASONS:118
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way