SalarySwishSalarySwish

Devin Cooley Qualifying Offer

A $787,500 qualifying offer is required to retain the RFA rights of Devin Cooley. 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:Sep. 29, 2020
LAST YEAR:2022
ANNUAL AVERAGE:$785,000

Salary Calculation

Maximum AAV Multiplier
PREVIOUS AAV:$785,000
120% OF AAV MAX:$942,000
Final Year Salary Multiplier
PREVIOUS SALARY:$810,000
SIGNING BONUS:$60,000
BASE SALARY:$750,000
MULTIPLICATION FACTOR:105%
Result
QO DETERMINED FROM:Multiplication Factor
QUALIFYING OFFER:$787,500