SalarySwishSalarySwish

Chris Summers Qualifying Offer

A $803,250 qualifying offer is required to retain the RFA rights of Chris Summers. A two-way qualifying offer is permitted since Summers 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.

Reference Contract

SIGNING DATE:Mar. 31, 2010
LAST YEAR:2012
ANNUAL AVERAGE:$1,212,500

Salary Calculation

PREVIOUS SALARY:$850,000
SIGNING BONUS:$85,000
BASE SALARY:$765,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$803,250

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:21
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:23
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way