A $4,000,000 qualifying offer is required to retain the RFA rights of Tim Connolly. A two-way qualifying offer is permitted since Connolly has not met both the games played and waivers requirements. The qualifying offer is equal to 100% of the previous contracts final season base salary because the salary was $1,000,000 or greater.
Reference Contract
SIGNING DATE:Jul. 2, 2011
LAST YEAR:2013
ANNUAL AVERAGE:$4,750,000
Salary Calculation
PREVIOUS SALARY:$4,000,000
SIGNING BONUS:$0
BASE SALARY:$4,000,000
MULTIPLICATION FACTOR:100%
QUALIFYING OFFER:$4,000,000
Type Determination
GP REQUIRED LAST SEASON:36
TOTAL GP LAST SEASON:0
GP REQUIRED PREVIOUS 3 SEASONS:156
TOTAL GP PREVIOUS 3 SEASONS:144
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way