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Troy Grosenick Qualifying Offer

A $874,125 qualifying offer is required to retain the RFA rights of Troy Grosenick. 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. 8, 2013
LAST YEAR:2013
ANNUAL AVERAGE:$1,268,571

Salary Calculation

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