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Troy Terry Qualifying Offer

A $1,550,000 qualifying offer is required to retain the RFA rights of Troy Terry. The qualifying offer must be a one-way contract since Terry 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:Jul. 14, 2020
LAST YEAR:2023
ANNUAL AVERAGE:$1,450,000

Salary Calculation

Maximum AAV Multiplier
PREVIOUS AAV:$1,450,000
120% OF AAV MAX:$1,740,000
Final Year Salary Multiplier
PREVIOUS SALARY:$1,550,000
SIGNING BONUS:$0
BASE SALARY:$1,550,000
MULTIPLICATION FACTOR:100%
Result
QO DETERMINED FROM:Multiplication Factor
QUALIFYING OFFER:$1,550,000

Type Determination

GP REQUIRED LAST SEASON:60
TOTAL GP LAST SEASON:70
GP REQUIRED PREVIOUS 3 SEASONS:161
TOTAL GP PREVIOUS 3 SEASONS:193
CLEARED WAIVERS LAST SEASON: No
QUALIFYING OFFER TYPE: One-Way