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Keith Ballard Qualifying Offer

A $2,500,000 qualifying offer is required to retain the RFA rights of Keith Ballard. The qualifying offer must be a one-way contract since Ballard 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:Aug. 29, 2007
LAST YEAR:2009
ANNUAL AVERAGE:$2,275,000

Salary Calculation

PREVIOUS SALARY:$2,500,000
SIGNING BONUS:$0
BASE SALARY:$2,500,000
MULTIPLICATION FACTOR:100%
QUALIFYING OFFER:$2,500,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:82
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:234
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way