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Chet Pickard Qualifying Offer

A $826,875 qualifying offer is required to retain the RFA rights of Chet 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:Aug. 11, 2008
LAST YEAR:2013
ANNUAL AVERAGE:$1,316,667

Salary Calculation

PREVIOUS SALARY:$787,500
SIGNING BONUS:$0
BASE SALARY:$787,500
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$826,875