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Mitch Callahan Qualifying Offer

A $605,000 qualifying offer is required to retain the RFA rights of Mitch Callahan. A two-way qualifying offer is permitted since Callahan has not 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:Jul. 17, 2014
LAST YEAR:2015
ANNUAL AVERAGE:$555,000

Salary Calculation

PREVIOUS SALARY:$555,000
SIGNING BONUS:$5,000
BASE SALARY:$550,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$605,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:0
GP REQUIRED PREVIOUS 3 SEASONS:156
TOTAL GP PREVIOUS 3 SEASONS:1
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way