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Ilya Sorokin Qualifying Offer

A $971,250 qualifying offer is required to retain the RFA rights of Ilya Sorokin. 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:Jul. 13, 2020
LAST YEAR:2020
ANNUAL AVERAGE:$925,000

Salary Calculation

Maximum AAV Multiplier
PREVIOUS AAV:$925,000
120% OF AAV MAX:$1,110,000
Final Year Salary Multiplier
PREVIOUS SALARY:$925,000
SIGNING BONUS:$0
BASE SALARY:$925,000
MULTIPLICATION FACTOR:105%
Result
QO DETERMINED FROM:Multiplication Factor
QUALIFYING OFFER:$971,250