SalarySwishSalarySwish

Callum Booth Qualifying Offer

A $750,000 qualifying offer is required to retain the RFA rights of Callum Booth. 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. However, the qualifying offer is increased to meet the league-wide minimum salary requirement.

Reference Contract

SIGNING DATE:Oct. 14, 2020
LAST YEAR:2021
ANNUAL AVERAGE:$700,000

Salary Calculation

Maximum AAV Multiplier
PREVIOUS AAV:$700,000
120% OF AAV MAX:$840,000
Final Year Salary Multiplier
PREVIOUS SALARY:$700,000
SIGNING BONUS:$0
BASE SALARY:$700,000
MULTIPLICATION FACTOR:105%
Result
QO DETERMINED FROM:Multiplication Factor
QUALIFYING OFFER:$750,000 (SEASON MINIMUM SALARY)