Aidan Fulp buyout calculator, cap hit impact

Aidan Fulp Buyout Cap Implications

Birthdate February 29, 2000

If Aidan Fulp was bought out prior to the 2024-2025 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 24 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)

Aidan Fulp projected buyout 2024-2025 season
2024-2025 2025-2026
Remaining Base Salary
$775,000
$775,000 $0
Original Cap Hit $870,000 $0
Contract Signing Bonus $95,000 $0
Contract Total Salary ($870,000) ($0)
Annual Buyout Cost $129,167 $129,167
ACTUAL CAP HIT New York Islanders logo $224,167 $129,167
Savings $645,833 $-129,167

Active Contract

Signing Team New York Islanders logo
Signing Date March 31, 2023
Agent Richard Evans
Qualifying Offer on Expiry $813,750
Entry Level Contract | 2 Years $1,740,000 1.04% of cap space
2023-2024 2024-2025
Cap Hit $870,000 $870,000
RFA
AAV $950,000 $950,000
Performance Bonuses $80,000 $80,000
Base Salary $775,000 $775,000
Signing Bonuses $95,000 $95,000
Total Salary $870,000 $870,000
Minors Salary $82,500 $82,500
Clauses
UFA Year
Buy It Out Buy It Out