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Troy Grosenick Qualifying Offer

A $687,500 qualifying offer is required to retain the RFA rights of Troy Grosenick. The qualifying offer is equal to 110% of the previous contracts final season base salary because the salary was $600,000 or less.

Reference Contract

SIGNING DATE:Jul. 2, 2012
LAST YEAR:2015
ANNUAL AVERAGE:$625,000

Salary Calculation

PREVIOUS SALARY:$650,000
SIGNING BONUS:$25,000
BASE SALARY:$625,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$687,500