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Al Montoya Qualifying Offer

A $661,100 qualifying offer is required to retain the RFA rights of Al Montoya. The qualifying offer is equal to 110% of the previous contracts final season base salary because the salary was $600,000 or less.

Reference Contract

SIGNING DATE:Mar. 29, 2011
LAST YEAR:2012
ANNUAL AVERAGE:$601,000

Salary Calculation

PREVIOUS SALARY:$601,000
SIGNING BONUS:$0
BASE SALARY:$601,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$661,100