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Torey Krug Qualifying Offer

A $945,000 qualifying offer is required to retain the RFA rights of Torey Krug. The qualifying offer must be a one-way contract since Krug 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:Oct. 5, 2014
LAST YEAR:2015
ANNUAL AVERAGE:$1,400,000

Salary Calculation

PREVIOUS SALARY:$1,400,000
SIGNING BONUS:$500,000
BASE SALARY:$900,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$945,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:78
GP REQUIRED PREVIOUS 3 SEASONS:156
TOTAL GP PREVIOUS 3 SEASONS:185
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way