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Gemel Smith Qualifying Offer

A $756,000 qualifying offer is required to retain the RFA rights of Gemel Smith. A two-way qualifying offer is permitted since Smith has not met both the games played and waivers requirements. The qualifying offer is equal to 105% of the previous contracts final season base salary because the salary was greater than $600,000 and less than $1,000,000.

Reference Contract

SIGNING DATE:Aug. 3, 2018
LAST YEAR:2019
ANNUAL AVERAGE:$720,000

Salary Calculation

PREVIOUS SALARY:$720,000
SIGNING BONUS:$0
BASE SALARY:$720,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$756,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:17
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:80
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way