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Erik Condra Qualifying Offer

A $605,000 qualifying offer is required to retain the RFA rights of Erik Condra. A two-way qualifying offer is permitted since Condra 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. 1, 2009
LAST YEAR:2011
ANNUAL AVERAGE:$800,000

Salary Calculation

PREVIOUS SALARY:$630,000
SIGNING BONUS:$80,000
BASE SALARY:$550,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$605,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:26
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:26
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way