A $874,125 qualifying offer is required to retain the RFA rights of Patrick Sieloff. A two-way qualifying offer is permitted since Sieloff 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:Jul. 22, 2013
LAST YEAR:2017
ANNUAL AVERAGE:$894,167
Salary Calculation
PREVIOUS SALARY:$832,500
SIGNING BONUS:$0
BASE SALARY:$832,500
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$874,125
Type Determination
GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:0
GP REQUIRED PREVIOUS 3 SEASONS:180
TOTAL GP PREVIOUS 3 SEASONS:1
CLEARED WAIVERS LAST SEASON: Yes
QUALIFYING OFFER TYPE: Two-Way