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Gage Alexander Qualifying Offer

A $813,750 qualifying offer is required to retain the RFA rights of Gage Alexander. 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:Dec. 30, 2022
LAST YEAR:2025
ANNUAL AVERAGE:$810,000

Salary Calculation

Maximum AAV Multiplier
PREVIOUS AAV:$810,000
120% OF AAV MAX:$972,000
Final Year Salary Multiplier
PREVIOUS SALARY:$825,000
SIGNING BONUS:$50,000
BASE SALARY:$775,000
MULTIPLICATION FACTOR:105%
Result
QO DETERMINED FROM:Multiplication Factor
QUALIFYING OFFER:$813,750