A $522,500 qualifying offer is required to retain the RFA rights of Drew Miller. A two-way qualifying offer is permitted since Miller 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:May 3, 2006
LAST YEAR:2008
ANNUAL AVERAGE:$677,500
Salary Calculation
PREVIOUS SALARY:$677,500
SIGNING BONUS:$202,500
BASE SALARY:$475,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$522,500
Type Determination
GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:26
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:29
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way