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Cayden Primeau Qualifying Offer

A $1,068,000 qualifying offer is required to retain the RFA rights of Cayden Primeau. The qualifying offer is equal to 100% of the previous contracts final season base salary because the salary was $1,000,000 or greater. However, because this contract was signed after July 10th, 2020, and the qualifying offer would be greater than 120% of the contracts annual average (AAV), it is limited to 120% of the AAV.

Reference Contract

SIGNING DATE:Sep. 8, 2022
LAST YEAR:2025
ANNUAL AVERAGE:$890,000

Salary Calculation

Maximum AAV Multiplier
PREVIOUS AAV:$890,000
120% OF AAV MAX:$1,068,000
Final Year Salary Multiplier
PREVIOUS SALARY:$1,100,000
SIGNING BONUS:$0
BASE SALARY:$1,100,000
MULTIPLICATION FACTOR:100%
Result
QO DETERMINED FROM:120% of AAV Maximum
QUALIFYING OFFER:$1,068,000