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Joni Ortio Qualifying Offer

A $605,000 qualifying offer is required to retain the RFA rights of Joni Ortio. 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:Apr. 1, 2011
LAST YEAR:2014
ANNUAL AVERAGE:$808,333

Salary Calculation

PREVIOUS SALARY:$630,000
SIGNING BONUS:$80,000
BASE SALARY:$550,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$605,000