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Carter Hutton Qualifying Offer

A $577,500 qualifying offer is required to retain the RFA rights of Carter Hutton. 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:Feb. 24, 2012
LAST YEAR:2012
ANNUAL AVERAGE:$525,000

Salary Calculation

PREVIOUS SALARY:$525,000
SIGNING BONUS:$0
BASE SALARY:$525,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$577,500