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Tim Thomas Qualifying Offer

A $2,500,000 qualifying offer is required to retain the RFA rights of Tim Thomas. 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:Sep. 26, 2013
LAST YEAR:2014
ANNUAL AVERAGE:$3,750,000

Salary Calculation

PREVIOUS SALARY:$2,500,000
SIGNING BONUS:$0
BASE SALARY:$2,500,000
MULTIPLICATION FACTOR:100%
QUALIFYING OFFER:$2,500,000