A $550,000 qualifying offer is required to retain the RFA rights of Mikhail Grabovski. A two-way qualifying offer is permitted since Grabovski 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:Jul. 10, 2006
LAST YEAR:2008
ANNUAL AVERAGE:$725,000
Salary Calculation
PREVIOUS SALARY:$700,000
SIGNING BONUS:$200,000
BASE SALARY:$500,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$550,000
Type Determination
GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:24
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:27
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: Two-Way