A $1,000,000 qualifying offer is required to retain the RFA rights of Adam Erne. A two-way qualifying offer is permitted since Erne 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. However, because the 105% increase results in the contract exceeding $1,000,000, the contract is limited to $1,000,000.
Reference Contract
SIGNING DATE:Oct. 8, 2020
LAST YEAR:2021
ANNUAL AVERAGE:$997,500
Salary Calculation
Maximum AAV Multiplier
PREVIOUS AAV:$997,500
120% OF AAV MAX:$1,197,000
Final Year Salary Multiplier
PREVIOUS SALARY:$997,500
SIGNING BONUS:$0
BASE SALARY:$997,500
MULTIPLICATION FACTOR:105%
Result
QO DETERMINED FROM:Multiplication Factor
QUALIFYING OFFER:$1,000,000 (MAXIMUM INCREASED VALUE)
Type Determination
GP REQUIRED LAST SEASON:41
TOTAL GP LAST SEASON:45
GP REQUIRED PREVIOUS 3 SEASONS:152
TOTAL GP PREVIOUS 3 SEASONS:169
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way