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Mantas Armalis Qualifying Offer

A $874,125 qualifying offer is required to retain the RFA rights of Mantas Armalis. 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. 11, 2016
LAST YEAR:2017
ANNUAL AVERAGE:$1,350,000

Salary Calculation

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