Thread: News Article: Subban refused qualifying offer
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07-17-2012, 10:07 PM
  #60
Agnostic
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Quote:
Originally Posted by Ohashi_Jouzu View Post
Um... if that was the case, why wouldn't they just offer that long term contract instead of using organizational resources/funds to go through the process of offering a Q.O. and having Subban sign/refuse? The best reason I can think of is that they need stalling time because the "actual" offer of the Habs is still quite far (in term and/or money) from what the Subban camp is looking for.

Either way, it was Subban who refused the Q.O., not the Habs (obviously), which doesn't "confirm" any of the above really.

And fwiw, I think the other guy did interpret the $1 million thing correctly and that perhaps you haven't. You're right, teams are free to offer up to whatever dollar figure they want, but that becomes a contract offer, not a qualifying offer. There's actually quite a difference when transactions involving rights and contracts are involved. If I had to guess, that anticipated divide between what the team would like to pay to retain the player, and the demands of the player, is the reason for the integrated arbitration process and extension of protection of the player's rights past the July 1st deadline while the issue is resolved legally.
(ii) In order to receive a Right of First Refusal or Draft Choice
Compensation (at the Prior Club's option) with respect to a
Restricted Free Agent, the Prior Club of a Restricted Free Agent
must tender to the Player, no later than 5:00 p.m. New York time
on the later of June 25 or the first Monday after the Entry Draft of
the final year of the Player's SPC, a "Qualifying Offer", which
shall be an offer of an SPC, for one League Year
, which is subject
to salary arbitration if such Player is otherwise eligible for salary
arbitration in accordance with Section 12.1, on at least the
following terms and conditions:


(A) if the Player's prior year's Paragraph 1 NHL Salary is less
than or equal to $660,000 for that League Year, 110% of
the prior year's Paragraph 1 NHL Salary.

(B) if the Player's prior year's Paragraph 1 NHL Salary is
greater than $660,000, but less than $1,000,000 for that
League Year, 105% of his prior year's Paragraph 1 NHL
Salary, but in no event to exceed $1,000,000.


(C) if the Player's prior year's Paragraph 1 NHL Salary is equal
to or greater than $1,000,000 for that League year, 100% of
the prior year's Paragraph 1 NHL Salary.

(D) if a Player is eligible to receive a Two-Way Qualifying
Offer, the Paragraph 1 Minor League Salary component
shall not be less than the higher of the Player's prior year's
Paragraph 1 Minor League Salary, if any, or the minimum
Minor League salary.


Meaning to qualify as a "QO" the terms are to be at least as generous as the minimum conditions set forth here.There are no limits as to how generous the offer can't be.

Section B and C , which is what we are talking about here, says that if a player has a previous salary of > $1,000,000 then a player needs to receive an offer of the previous year's salary and no more than 0 percent increase over that for the team to be protected, in the previous section B it means that a player having a previous salary of between $660,000 and $999,999 they are entitled to a 5 percent raise unless that raise puts them into the situation described in section C in which case the team needs to not give more than $1,000,000 for the offer to be considered qualified and the team to be protected.

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