The Rockets will have 30 days to tender an offer to him at his previous salary to retain their right of first refusal.
She started a direct sales party plan business, and earned her previous annual salary of $80,000 in the first 9 months.
For the last five years, a team was required to pay a player at least 110 percent of his previous salary in an option year.
For years to come, many of these laid-off workers will struggle to regain their previous salaries.
He would not confirm published reports that his previous salary, including bonuses, exceeded $400,000.
"Naturally, I was miserable, at five times my previous salary," she later wrote.
She will earn just under $37,000 this year, compared with her previous salary of $60,000.
My wife took a year's maternity leave at 65% of her previous salary.
The position pays about half of her previous salary at Geac.
The agreement more than doubled the previous top salary in bicycle racing.
