A $918,750 qualifying offer is required to retain the RFA rights of Patrick Kane. The qualifying offer must be a one-way contract since Kane 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:Jul. 25, 2007
LAST YEAR:2010
ANNUAL AVERAGE:$3,725,000
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:104
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:282
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way