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Mark Louis Qualifying Offer

A $588,500 qualifying offer is required to retain the RFA rights of Mark Louis. A two-way qualifying offer is permitted since Louis 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:Apr. 30, 2012
LAST YEAR:2013
ANNUAL AVERAGE:$550,000

Salary Calculation

PREVIOUS SALARY:$550,000
SIGNING BONUS:$15,000
BASE SALARY:$535,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$588,500

Type Determination

GP REQUIRED LAST SEASON:36
TOTAL GP LAST SEASON:0
GP REQUIRED PREVIOUS 3 SEASONS:156
TOTAL GP PREVIOUS 3 SEASONS:0
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way