A $2,500,000 qualifying offer is required to retain the RFA rights of Jake Allen. The qualifying offer is equal to 100% of the previous contracts final season base salary because the salary was $1,000,000 or greater.
Reference Contract
SIGNING DATE:Jul. 3, 2015
LAST YEAR:2017
ANNUAL AVERAGE:$2,350,000
Salary Calculation
PREVIOUS SALARY:$2,500,000
SIGNING BONUS:$0
BASE SALARY:$2,500,000
MULTIPLICATION FACTOR:100%
QUALIFYING OFFER:$2,500,000