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Kent Simpson Qualifying Offer

A $605,000 qualifying offer is required to retain the RFA rights of Kent Simpson. 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:May 29, 2012
LAST YEAR:2015
ANNUAL AVERAGE:$916,666

Salary Calculation

PREVIOUS SALARY:$640,000
SIGNING BONUS:$90,000
BASE SALARY:$550,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$605,000