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Christopher Gibson Qualifying Offer

A $660,000 qualifying offer is required to retain the RFA rights of Christopher Gibson. 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:Jul. 20, 2013
LAST YEAR:2016
ANNUAL AVERAGE:$750,000

Salary Calculation

PREVIOUS SALARY:$675,000
SIGNING BONUS:$75,000
BASE SALARY:$600,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$660,000