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Spencer Martin Qualifying Offer

A $787,500 qualifying offer is required to retain the RFA rights of Spencer Martin. 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:Oct. 17, 2014
LAST YEAR:2018
ANNUAL AVERAGE:$894,166

Salary Calculation

PREVIOUS SALARY:$750,000
SIGNING BONUS:$0
BASE SALARY:$750,000
MULTIPLICATION FACTOR:105%
QUALIFYING OFFER:$787,500