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Nate Schmidt Qualifying Offer

A $918,750 qualifying offer is required to retain the RFA rights of Nate Schmidt. The qualifying offer must be a one-way contract since Schmidt 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:Jun. 17, 2015
LAST YEAR:2017
ANNUAL AVERAGE:$812,500

Salary Calculation

PREVIOUS SALARY:$875,000
SIGNING BONUS:$0
BASE SALARY:$875,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$918,750

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:71
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:192
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way