Aleksander Barkov buyout calculator, cap hit impact

Aleksander Barkov Buyout Cap Implications

Birthdate September 2, 1995

If Aleksander Barkov was bought out prior to the 2021-2022 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 25 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 $2,583,333
Remaining base salary
($7,750,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $1,291,667
(Total buyout cost/2 years)

Aleksander Barkov projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$7,750,000
$7,750,000 $0
Original Cap Hit $5,900,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($7,750,000) ($0)
Annual Buyout Cost $1,291,667 $1,291,667
ACTUAL CAP HIT Florida Panthers logo $-558,333 $1,291,667
Savings $6,458,333 $-1,291,667

Active Contract

Signing Team
Signing Date January 25, 2016
Signing Status RFA
Agent Mark Gandler & Todd Diamond
Standard Contract | 6 Years $35,400,000 7.24% of cap space
2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
Cap Hit $5,900,000 $5,900,000 $5,900,000 $5,900,000 $5,900,000 $5,900,000
UFA
AAV $5,900,000 $5,900,000 $5,900,000 $5,900,000 $5,900,000 $5,900,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $4,500,000 $5,250,000 $6,250,000 $6,900,000 $4,750,000 $7,750,000
Signing Bonuses $0 $0 $0 $0 $0 $0
Total Salary $4,500,000 $5,250,000 $6,250,000 $6,900,000 $4,750,000 $7,750,000
Minors Salary $4,500,000 $5,250,000 $6,250,000 $6,900,000 $4,750,000 $7,750,000
Clauses NMC M-NTC
UFA Year
Buy It Out Buy It Out