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Under the collective bargaining agreement, teams must extend a qualifying offer to a restricted free agent to retain his negotiating rights. If a team opts not to tender a qualifying offer to a player, the player becomes an unrestricted free agent. If a player rejects a qualifying offer, he remains a restricted free agent. The amount of a qualifying offer follows specific guidelines and is calculated from the player's base salary. The following calculator simplifies the process of determining the amount.

Select Restricted Free Agent

Devante Smith-Pelly's qualifying offer is for $840,000.

Because his base salary of $800,000 is greater than $660,000 and less than $1,000,000, it is increased by 5 percent for the purposes of his qualifying offer.

NOTE: It must be a one-way qualifying offer if a) the player appeared in 180 or more NHL games in three previous seasons; b) the player appeared in 60 or more NHL games the previous season; and c) the player did not clear waivers during the previous season. Backup goaltender appearances count as games. Thresholds in a) and b) are altered for 2012-13, 2013-14 and 2014-15 to account for the 2012-13 lockout-shortened season. They are as follows: 2012-13: 156 and 36, 2013-14: 156 and 60, and 2014-15: 156 and 60.

CBA REFERENCE: Section 10.2 a (P. 30-31)

DISCLAIMER: Incomplete signing bonus data may lead to inaccurate results via this calculator.