Adam Larsson buyout calculator, cap hit impact

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Adam Larsson Buyout Cap Implications

Birthdate November 12, 1992

If Adam Larsson was bought out prior to the 2022-2023 season.

The annual cap hit of a buyout is calculated year by year as follows:

  • Add together the Original Cap Hit and the Contract Signing Bonus for that year
  • Subtract the Contract Total Salary for that year (base salary + signing bonus).
  • Finally, add the Annual Buyout Cost as calculated below.

He would be 29 years old at the buyout giving him a 67% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost would be $9,000,000
Remaining base salary
($13,500,000 * 67% buyout multiplier)
.

3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)

Annual buyout cost of $1,500,000
(Total buyout cost/6 years)

Adam Larsson projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Remaining Base Salary
$13,500,000
$3,500,000 $5,500,000 $4,500,000 $0 $0 $0
Original Cap Hit $4,000,000 $4,000,000 $4,000,000 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0
Contract Total Salary ($3,500,000) ($5,500,000) ($4,500,000) ($0) ($0) ($0)
Annual Buyout Cost $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000
ACTUAL CAP HIT Seattle Kraken logo $2,000,000 $0 $1,000,000 $1,500,000 $1,500,000 $1,500,000
Savings $2,000,000 $4,000,000 $3,000,000 $-1,500,000 $-1,500,000 $-1,500,000

Active Contract

Signing Team Seattle Kraken logo
Signing Date July 21, 2021
Signing Status UFA
Agent J.P. Barry
Standard Contract | 4 Years $16,000,000 4.85% of cap space
2021-2022 2022-2023 2023-2024 2024-2025
Cap Hit $4,000,000 $4,000,000 $4,000,000 $4,000,000
UFA
AAV $4,000,000 $4,000,000 $4,000,000 $4,000,000
Performance Bonuses $0 $0 $0 $0
Base Salary $2,500,000 $3,500,000 $5,500,000 $4,500,000
Signing Bonuses $0 $0 $0 $0
Total Salary $2,500,000 $3,500,000 $5,500,000 $4,500,000
Minors Salary $2,500,000 $3,500,000 $5,500,000 $4,500,000
Clauses NTC NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out
Years 3/4: 10 Team No Trade Clause