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Michael Stone Qualifying Offer

A $632,500 qualifying offer is required to retain the RFA rights of Michael Stone. A two-way qualifying offer is permitted since Stone 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:Dec. 9, 2009
LAST YEAR:2013
ANNUAL AVERAGE:$845,833

Salary Calculation

PREVIOUS SALARY:$575,000
SIGNING BONUS:$0
BASE SALARY:$575,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$632,500

Type Determination

GP REQUIRED LAST SEASON:36
TOTAL GP LAST SEASON:40
GP REQUIRED PREVIOUS 3 SEASONS:156
TOTAL GP PREVIOUS 3 SEASONS:55
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way