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Michael Chaput Qualifying Offer

A $735,000 qualifying offer is required to retain the RFA rights of Michael Chaput. A two-way qualifying offer is permitted since Chaput has not 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:Apr. 28, 2012
LAST YEAR:2015
ANNUAL AVERAGE:$900,000

Salary Calculation

PREVIOUS SALARY:$790,000
SIGNING BONUS:$90,000
BASE SALARY:$700,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$735,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:33
GP REQUIRED PREVIOUS 3 SEASONS:156
TOTAL GP PREVIOUS 3 SEASONS:50
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way