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Jay McClement Qualifying Offer

A $997,500 qualifying offer is required to retain the RFA rights of Jay McClement. The qualifying offer must be a one-way contract since McClement 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:Jul. 14, 2008
LAST YEAR:2009
ANNUAL AVERAGE:$950,000

Salary Calculation

PREVIOUS SALARY:$950,000
SIGNING BONUS:$0
BASE SALARY:$950,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$997,500

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:86
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:248
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way