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Frank Corrado Qualifying Offer

A $715,000 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. 1, 2017
LAST YEAR:2018
ANNUAL AVERAGE:$650,000

Salary Calculation

PREVIOUS SALARY:$650,000
SIGNING BONUS:$0
BASE SALARY:$650,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$715,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:5
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:48
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way