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Matt Bailey Qualifying Offer

A $687,500 qualifying offer is required to retain the RFA rights of Matt Bailey. A two-way qualifying offer is permitted since Bailey 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:Mar. 26, 2014
LAST YEAR:2016
ANNUAL AVERAGE:$925,000

Salary Calculation

PREVIOUS SALARY:$717,500
SIGNING BONUS:$92,500
BASE SALARY:$625,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$687,500

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:0
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:0
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way