A $715,000 qualifying offer is required to retain the RFA rights of Francis Perron. A two-way qualifying offer is permitted since Perron 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:Mar. 15, 2016
LAST YEAR:2019
ANNUAL AVERAGE:$783,333
Salary Calculation
PREVIOUS SALARY:$730,000
SIGNING BONUS:$80,000
BASE SALARY:$650,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$715,000
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