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Question on Logan Brown's contract

19 sept. 2021 à 17 h 27
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Logan Brown was reported to have signed his QO, but the amount was $750K, which isn't the amount that was listed in the capfriendly calculator. I'm curious as to why his contract is for so much less if it is a QO signing.

Logan Browns base salary on his ELC was $832,500, and according to the CBA rules should require a QO of $874,125

QO "105% of the base salary if the base salary is greater than $660,000 or less than $1,000,000"

Logan Brown signed a QO of $750,000

Was there another rule or stipulation the capfriendly calculator didn't account for?
19 sept. 2021 à 18 h 59
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Quoting: sensibleguy
Logan Brown was reported to have signed his QO, but the amount was $750K, which isn't the amount that was listed in the capfriendly calculator. I'm curious as to why his contract is for so much less if it is a QO signing.

Logan Browns base salary on his ELC was $832,500, and according to the CBA rules should require a QO of $874,125

QO "105% of the base salary if the base salary is greater than $660,000 or less than $1,000,000"

Logan Brown signed a QO of $750,000

Was there another rule or stipulation the capfriendly calculator didn't account for?


He didn’t sign his QO, that’s how
19 sept. 2021 à 21 h 50
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Quoting: A_Habs_fan
He didn’t sign his QO, that’s how


I was led to believe otherwise


20 sept. 2021 à 4 h 41
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After further research, I found this in the CBA

(v) A Qualifying Offer shall automatically expire at 5:00 p.m. New York time
on July 15; provided, however, that the Club may by written notice to
Central Registry and the NHLPA, sent in accordance with Exhibit 3
hereof, provided on or before 5:00 p.m. New York time on July 15, extend
the deadline for Qualifying Offer acceptance to a date (which must be a
fixed and definitive calendar date) determined in its sole discretion.
 
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