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Cory Schneider Qualifying Offer

A $723,345 qualifying offer is required to retain the RFA rights of Cory Schneider. The qualifying offer is equal to 105% of the previous contracts final season base salary because the salary was greater than $600,000 and less than $1,000,000.

Reference Contract

SIGNING DATE:Jul. 3, 2007
LAST YEAR:2010
ANNUAL AVERAGE:$1,084,200

Salary Calculation

PREVIOUS SALARY:$984,200
SIGNING BONUS:$295,300
BASE SALARY:$688,900
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$723,345