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Isaak Phillips Qualifying Offer

A $840,000 qualifying offer is required to retain the RFA rights of Isaak Phillips. A two-way qualifying offer is permitted since Phillips 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:Mar. 31, 2021
LAST YEAR:2024
ANNUAL AVERAGE:$925,000

Salary Calculation

Maximum AAV Multiplier
PREVIOUS AAV:$925,000
120% OF AAV MAX:$1,110,000
Final Year Salary Multiplier
PREVIOUS SALARY:$892,500
SIGNING BONUS:$92,500
BASE SALARY:$800,000
MULTIPLICATION FACTOR:105%
Result
QO DETERMINED FROM:Multiplication Factor
QUALIFYING OFFER:$840,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:33
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:53
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way