SalarySwishSalarySwish

Frank Corrado Qualifying Offer

A $695,750 qualifying offer is required to retain the RFA rights of Frank Corrado. A two-way qualifying offer is permitted since Corrado 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. 9, 2015
LAST YEAR:2016
ANNUAL AVERAGE:$632,500

Salary Calculation

PREVIOUS SALARY:$632,500
SIGNING BONUS:$0
BASE SALARY:$632,500
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$695,750

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:39
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:64
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way