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Nick Ritchie Qualifying Offer

A $2,000,000 qualifying offer is required to retain the RFA rights of Nick Ritchie. A two-way qualifying offer is permitted since Ritchie has not met both the games played and waivers requirements. The qualifying offer is equal to 100% of the previous contracts final season base salary because the salary was $1,000,000 or greater.

Reference Contract

SIGNING DATE:Oct. 18, 2018
LAST YEAR:2021
ANNUAL AVERAGE:$1,498,925

Salary Calculation

PREVIOUS SALARY:$2,000,000
SIGNING BONUS:$0
BASE SALARY:$2,000,000
MULTIPLICATION FACTOR:100%
QUALIFYING OFFER:$2,000,000

Type Determination

GP REQUIRED LAST SEASON:41
TOTAL GP LAST SEASON:67
GP REQUIRED PREVIOUS 3 SEASONS:152
TOTAL GP PREVIOUS 3 SEASONS:183
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way