A $643,500 qualifying offer is required to retain the RFA rights of Justin Shugg. A two-way qualifying offer is permitted since Shugg 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. 12, 2015
LAST YEAR:2016
ANNUAL AVERAGE:$600,000
Salary Calculation
PREVIOUS SALARY:$600,000
SIGNING BONUS:$15,000
BASE SALARY:$585,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$643,500
Type Determination
GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:0
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:3
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way