SalarySwishSalarySwish

Nick Ellis Qualifying Offer

A $874,125 qualifying offer is required to retain the RFA rights of Nick Ellis. 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:Apr. 7, 2016
LAST YEAR:2018
ANNUAL AVERAGE:$925,000

Salary Calculation

PREVIOUS SALARY:$925,000
SIGNING BONUS:$92,500
BASE SALARY:$832,500
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$874,125