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Cody McCormick Qualifying Offer

A $522,500 qualifying offer is required to retain the RFA rights of Cody McCormick. A two-way qualifying offer is permitted since McCormick has not met both the games played and waivers requirements. The qualifying offer is equal to 110% of the previous contracts final season base salary because the salary was $600,000 or less.

Reference Contract

SIGNING DATE:Jun. 15, 2007
LAST YEAR:2008
ANNUAL AVERAGE:$475,000

Salary Calculation

PREVIOUS SALARY:$475,000
SIGNING BONUS:$0
BASE SALARY:$475,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$522,500

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:44
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:95
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way