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Mikko Koivu Qualifying Offer

A $947,625 qualifying offer is required to retain the RFA rights of Mikko Koivu. A two-way qualifying offer is permitted since Koivu 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. 18, 2006
LAST YEAR:2007
ANNUAL AVERAGE:$902,500

Salary Calculation

PREVIOUS SALARY:$902,500
SIGNING BONUS:$0
BASE SALARY:$902,500
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$947,625

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:87
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:151
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way