Paul Reed Qualifying Offer

Result

Starter CriteriaPrevious ContractDraft PositionQO Calculation
UnmetAny-The greater of:
  1. 135% of the previous salary if the contract was signed on or after the start of the 2023-24 Salary Cap Year. 125% if the contract was signed prior to the 2023-24 Salary Cap Year [CBA Article XI Section 1 (e) (iv)]
  2. Minimum salary contract + $200,000
Previous Salary Method:
  • Previous Salary: $1,782,621
  • Qualifying Offer: $2,228,276
Minimum Salary Method:
  • Years of Service: 4
  • Minimum Salary: $2,165,000
  • Qualifying Offer: $2,365,000
Result:
  • Qualifying Offer: $2,365,000