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Karri Ramo Qualifying Offer

A $632,500 qualifying offer is required to retain the RFA rights of Karri Ramo. 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:May 31, 2006
LAST YEAR:2009
ANNUAL AVERAGE:$658,333

Salary Calculation

PREVIOUS SALARY:$725,000
SIGNING BONUS:$150,000
BASE SALARY:$575,000
MULTIPLICATION FACTOR:110%
QUALIFYING OFFER:$632,500