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Elias Pettersson Qualifying Offer

A $8,820,000 qualifying offer is required to retain the RFA rights of Elias Pettersson. A two-way qualifying offer is permitted since Pettersson has not met both the games played and waivers requirements. The qualifying offer is equal to 100% of the previous contracts final season base salary because the salary was $1,000,000 or greater. However, because this contract was signed after July 10th, 2020, and the qualifying offer would be greater than 120% of the contracts annual average (AAV), it is limited to 120% of the AAV.

Reference Contract

SIGNING DATE:Oct. 1, 2021
LAST YEAR:2024
ANNUAL AVERAGE:$7,350,000

Salary Calculation

Maximum AAV Multiplier
PREVIOUS AAV:$7,350,000
120% OF AAV MAX:$8,820,000
Final Year Salary Multiplier
PREVIOUS SALARY:$10,250,000
SIGNING BONUS:$0
BASE SALARY:$10,250,000
MULTIPLICATION FACTOR:100%
Result
QO DETERMINED FROM:120% of AAV Maximum
QUALIFYING OFFER:$8,820,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:58
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:218
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way