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Calvin Pickard Qualifying Offer

A $850,500 qualifying offer is required to retain the RFA rights of Calvin Pickard. 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:Mar. 25, 2011
LAST YEAR:2015
ANNUAL AVERAGE:$870,000

Salary Calculation

PREVIOUS SALARY:$810,000
SIGNING BONUS:$0
BASE SALARY:$810,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$850,500