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Mike Reilly Qualifying Offer

A $874,125 qualifying offer is required to retain the RFA rights of Mike Reilly. A two-way qualifying offer is permitted since Reilly 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:Jul. 1, 2015
LAST YEAR:2017
ANNUAL AVERAGE:$2,025,000

Salary Calculation

PREVIOUS SALARY:$925,000
SIGNING BONUS:$92,500
BASE SALARY:$832,500
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$874,125

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:17
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:46
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way