Huh, I didn't know that the QO could be a two-way contract. Definitely an interesting situation (and I hope we sign him to a 1+1 year minimum deal)
Yep, the QO is a two-way contract if the player is coming off a two-way and has played only one or two years with the team extending him the QO (I had thought it was 1 year as a 2-way, but when I went back and checked the rules yesterday it indicated it could be two years as well, so Iím not completely positive on the details, and itís moot this year for all players). Once a player is no longer eligible for a 2-way QO, the QO is instead the minimum salary for his number of years of experience (which is 0 for players whoíve only ever signed two-way contracts).
Iím hoping itís a 2+2 contract near the minimum in year 1, same as Semi.