A $735,000 qualifying offer is required to retain the RFA rights of Sean Walker. A two-way qualifying offer is permitted since Walker has not 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. 2, 2018
LAST YEAR:2020
ANNUAL AVERAGE:$745,000
Salary Calculation
PREVIOUS SALARY:$770,000
SIGNING BONUS:$70,000
BASE SALARY:$700,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$735,000
Type Determination
GP REQUIRED LAST SEASON:51
TOTAL GP LAST SEASON:70
GP REQUIRED PREVIOUS 3 SEASONS:171
TOTAL GP PREVIOUS 3 SEASONS:109
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way