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Nate Schmidt Qualifying Offer

A $687,500 qualifying offer is required to retain the RFA rights of Nate Schmidt. A two-way qualifying offer is permitted since Schmidt 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. 13, 2014
LAST YEAR:2015
ANNUAL AVERAGE:$625,000

Salary Calculation

PREVIOUS SALARY:$625,000
SIGNING BONUS:$0
BASE SALARY:$625,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$687,500

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:39
GP REQUIRED PREVIOUS 3 SEASONS:156
TOTAL GP PREVIOUS 3 SEASONS:68
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way