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Michael Rasmussen Qualifying Offer

A $1,752,000 qualifying offer is required to retain the RFA rights of Michael Rasmussen. The qualifying offer must be a one-way contract since Rasmussen met both the games played and waivers requirements. The qualifying offer is equal to 100% of the previous contracts final season base salary because the salary was $1,000,000 or greater. However, because this contract was signed after July 10th, 2020, and the qualifying offer would be greater than 120% of the contracts annual average (AAV), it is limited to 120% of the AAV.

Reference Contract

SIGNING DATE:Jul. 22, 2021
LAST YEAR:2024
ANNUAL AVERAGE:$1,460,000

Salary Calculation

Maximum AAV Multiplier
PREVIOUS AAV:$1,460,000
120% OF AAV MAX:$1,752,000
Final Year Salary Multiplier
PREVIOUS SALARY:$1,900,000
SIGNING BONUS:$0
BASE SALARY:$1,900,000
MULTIPLICATION FACTOR:100%
Result
QO DETERMINED FROM:120% of AAV Maximum
QUALIFYING OFFER:$1,752,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:75
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:211
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way