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Mike Hardman Qualifying Offer

A $892,500 qualifying offer is required to retain the RFA rights of Mike Hardman. A two-way qualifying offer is permitted since Hardman 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:Aug. 10, 2021
LAST YEAR:2024
ANNUAL AVERAGE:$800,000

Salary Calculation

Maximum AAV Multiplier
PREVIOUS AAV:$800,000
120% OF AAV MAX:$960,000
Final Year Salary Multiplier
PREVIOUS SALARY:$850,000
SIGNING BONUS:$0
BASE SALARY:$850,000
MULTIPLICATION FACTOR:105%
Result
QO DETERMINED FROM:Multiplication Factor
QUALIFYING OFFER:$892,500

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:0
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:29
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way