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Evan Cormier Qualifying Offer

A $750,000 qualifying offer is required to retain the RFA rights of Evan Cormier. 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. However, the qualifying offer is increased to meet the league-wide minimum salary requirement.

Reference Contract

SIGNING DATE:Feb. 24, 2019
LAST YEAR:2021
ANNUAL AVERAGE:$718,333

Salary Calculation

PREVIOUS SALARY:$735,000
SIGNING BONUS:$35,000
BASE SALARY:$700,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$750,000 (SEASON MINIMUM SALARY)