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Reminder - Qualifying Offers

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  • Nick Quain
    One last reminder qualifying offers are due for all pending restricted free agents by Wednesday (tomorrow) at midnight EST. As a reminder, QO s must be 1 year
    Message 1 of 1 , Jul 4, 2006
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      One last reminder qualifying offers are due for all pending restricted free agents by Wednesday (tomorrow) at midnight EST.

       

      As a reminder, QO's must be 1 year in length and as follows:
      Players earning $450,000-$1,000,000 will be entitled to QO at 110% of prior year's salary;
      Players
      earning >$1,000,000 will be entitled to QO at 100% of their prior year's salary.

       

      The new league minimum is $450,000 per year, so for players who earned less than this in 2005-2006 and whose 10% raise is still less than this new minimum, the QO must be 1 year x $450,000.

       

      Please calculate the QO yourself and submit it (so don’t just say “I qualify player X”)

       

      All QO’s should be sent to reggieswing@...

       

      Cheers,

       

      - Nick

       

       

       

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