SalarySwishSalarySwish

Kevin Labanc Qualifying Offer

A $750,750 qualifying offer is required to retain the RFA rights of Kevin Labanc. The qualifying offer must be a one-way contract since Labanc 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. 8, 2019
LAST YEAR:2020
ANNUAL AVERAGE:$1,000,000

Salary Calculation

PREVIOUS SALARY:$1,000,000
SIGNING BONUS:$285,000
BASE SALARY:$715,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$750,750

Type Determination

GP REQUIRED LAST SEASON:51
TOTAL GP LAST SEASON:70
GP REQUIRED PREVIOUS 3 SEASONS:171
TOTAL GP PREVIOUS 3 SEASONS:259
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way