Adam Werner buyout calculator, cap hit impact

Adam Werner Buyout Cap Implications

Birthdate May 2, 1997

If Adam Werner was bought out prior to the 2020-2021 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 23 years old at the buyout giving him a 33% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost would be $258,333
Remaining base salary
($775,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $129,167
(Total buyout cost/2 years)

Adam Werner projected buyout 2020-2021 season
2020-2021 2021-2022
Remaining Base Salary
$775,000
$775,000 $0
Original Cap Hit $842,500 $0
Contract Signing Bonus $92,500 $0
Contract Total Salary ($867,500) ($0)
Annual Buyout Cost $129,167 $129,167
ACTUAL CAP HIT Colorado Avalanche logo $196,667 $129,167
Savings $645,833 $-129,167

Active Contract

Signing Team
Signing Date May 13, 2019
Agent Peter Wallen
Entry Level Contract | 2 Years $1,685,000 1.03% of cap space
2019-2020 2020-2021
Cap Hit $842,500 $842,500
RFA
AAV $925,000 $925,000
Performance Bonuses $107,500 $57,500
Base Salary $725,000 $775,000
Signing Bonuses $92,500 $92,500
Total Salary $817,500 $867,500
Minors Salary $70,000 $70,000
Clauses
UFA Year
Buy It Out Buy It Out