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Peter Budaj Qualifying Offer

A $840,000 qualifying offer is required to retain the RFA rights of Peter Budaj. 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. 13, 2006
LAST YEAR:2009
ANNUAL AVERAGE:$700,000

Salary Calculation

PREVIOUS SALARY:$800,000
SIGNING BONUS:$0
BASE SALARY:$800,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$840,000