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Phil Kessel Qualifying Offer

A $803,250 qualifying offer is required to retain the RFA rights of Phil Kessel. The qualifying offer must be a one-way contract since Kessel 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:Aug. 17, 2006
LAST YEAR:2009
ANNUAL AVERAGE:$2,200,000

Salary Calculation

PREVIOUS SALARY:$850,000
SIGNING BONUS:$85,000
BASE SALARY:$765,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$803,250

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:81
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:237
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way