A $10,000,000 qualifying offer is required to retain the RFA rights of Timo Meier. The qualifying offer must be a one-way contract since Meier 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. 1, 2019
LAST YEAR:2023
ANNUAL AVERAGE:$6,000,000
Salary Calculation
PREVIOUS SALARY:$10,000,000
SIGNING BONUS:$0
BASE SALARY:$10,000,000
MULTIPLICATION FACTOR:100%
QUALIFYING OFFER:$10,000,000
Type Determination
GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:89
GP REQUIRED PREVIOUS 3 SEASONS:161
TOTAL GP PREVIOUS 3 SEASONS:220
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way