Get CapFriendly PremiumGet CapFriendly Premium

Miles Wood Qualifying Offer

A $874,125 qualifying offer is required to retain the RFA rights of Miles Wood. A two-way qualifying offer is permitted since Wood 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:Apr. 8, 2016
LAST YEAR:2018
ANNUAL AVERAGE:$925,000

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:81
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:142
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way