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John-Michael Liles Qualifying Offer

A $1,400,000 qualifying offer is required to retain the RFA rights of John-Michael Liles. The qualifying offer must be a one-way contract since Liles 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. 12, 2006
LAST YEAR:2008
ANNUAL AVERAGE:$1,325,000

Salary Calculation

PREVIOUS SALARY:$1,400,000
SIGNING BONUS:$0
BASE SALARY:$1,400,000
MULTIPLICATION FACTOR:100%
QUALIFYING OFFER:$1,400,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:91
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:253
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way