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Nick Palmieri Qualifying Offer

A $577,500 qualifying offer is required to retain the RFA rights of Nick Palmieri. A two-way qualifying offer is permitted since Palmieri 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:Oct. 5, 2007
LAST YEAR:2012
ANNUAL AVERAGE:$801,667

Salary Calculation

PREVIOUS SALARY:$525,000
SIGNING BONUS:$0
BASE SALARY:$525,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$577,500

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:38
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:87
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way