SalarySwishSalarySwish

Tage Thompson Qualifying Offer

A $1,600,000 qualifying offer is required to retain the RFA rights of Tage Thompson. The qualifying offer must be a one-way contract since Thompson met both the games played and waivers requirements. The qualifying offer is equal to 100% of the previous contracts final season base salary because the salary was $1,000,000 or greater.

Reference Contract

SIGNING DATE:Oct. 5, 2020
LAST YEAR:2023
ANNUAL AVERAGE:$1,400,000

Salary Calculation

Maximum AAV Multiplier
PREVIOUS AAV:$1,400,000
120% OF AAV MAX:$1,680,000
Final Year Salary Multiplier
PREVIOUS SALARY:$1,600,000
SIGNING BONUS:$0
BASE SALARY:$1,600,000
MULTIPLICATION FACTOR:100%
Result
QO DETERMINED FROM:Multiplication Factor
QUALIFYING OFFER:$1,600,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:78
GP REQUIRED PREVIOUS 3 SEASONS:161
TOTAL GP PREVIOUS 3 SEASONS:194
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way