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Magnus Hellberg Qualifying Offer

A $787,500 qualifying offer is required to retain the RFA rights of Magnus Hellberg. 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:Jun. 16, 2012
LAST YEAR:2015
ANNUAL AVERAGE:$925,000

Salary Calculation

PREVIOUS SALARY:$842,500
SIGNING BONUS:$92,500
BASE SALARY:$750,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$787,500