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Mike Green Qualifying Offer

A $715,000 qualifying offer is required to retain the RFA rights of Mike Green. The qualifying offer must be a one-way contract since Green 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:Aug. 26, 2005
LAST YEAR:2008
ANNUAL AVERAGE:$833,333

Salary Calculation

PREVIOUS SALARY:$850,000
SIGNING BONUS:$200,000
BASE SALARY:$650,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$715,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:89
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:181
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way