The qualifying offer in the 2024-25 offseason will be officially set at $21.05MM, reports ESPN’s Kiley McDaniel. Joel Sherman of the New York Post reported in August that the QO value was expected to land in the vicinity of $21.2MM but would not be finalized until October. This year’s QO value represents an increase of $725K over last year’s mark of $20.325MM. The QO value, which is determined by calculating the average salary of the sport’s 125 highest-paid players, has risen nearly every season since being implemented under the 2012-16 collective bargaining agreement. Here’s a look at the history of the QO value: 2012-13: $13.3MM 2013-14: $14.4MM 2014-15: $15.3MM 2015-16: $15.8MM 2016-17:
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