A $574,750 qualifying offer is required to retain the RFA rights of Jeff Glass. 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. 28, 2008
LAST YEAR:2009
ANNUAL AVERAGE:$522,500
Salary Calculation
PREVIOUS SALARY:$522,500
SIGNING BONUS:$0
BASE SALARY:$522,500
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$574,750