A $660,000 qualifying offer is required to retain the RFA rights of Ryan Culkin. A two-way qualifying offer is permitted since Culkin 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:Mar. 27, 2014
LAST YEAR:2017
ANNUAL AVERAGE:$816,666
Salary Calculation
PREVIOUS SALARY:$680,000
SIGNING BONUS:$80,000
BASE SALARY:$600,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$660,000
Type Determination
GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:0
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:0
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way