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Steve Ott Qualifying Offer

A $840,000 qualifying offer is required to retain the RFA rights of Steve Ott. The qualifying offer must be a one-way contract since Ott 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. 10, 2006
LAST YEAR:2008
ANNUAL AVERAGE:$787,500

Salary Calculation

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

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:91
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:203
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way