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 2028-2029 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 32 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 $1,333,333
Remaining base salary
($2,000,000 * 67% buyout multiplier)
.

2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)

Annual buyout cost of $333,333
(Total buyout cost/4 years)

Aleksander Barkov projected buyout 2028-2029 season
2028-2029 2029-2030 2030-2031 2031-2032
Remaining Base Salary
$2,000,000
$1,000,000 $1,000,000 $0 $0
Original Cap Hit $10,000,000 $10,000,000 $0 $0
Contract Signing Bonus $6,200,000 $6,200,000 $0 $0
Contract Total Salary ($7,200,000) ($7,200,000) ($0) ($0)
Annual Buyout Cost $333,333 $333,333 $333,333 $333,333
ACTUAL CAP HIT Florida Panthers logo $9,333,333 $9,333,333 $333,333 $333,333
Savings $666,667 $666,667 $-333,333 $-333,333

Active Contract

Signing Team Florida Panthers logo
Signing Date October 8, 2021
Signing Status UFA
Agent Mark Gandler & Todd Diamond
View Player Profile
Potential Lockout Year
Standard Contract | 8 Years $80,000,000 11.98% of cap space
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030
Cap Hit $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000
UFA
AAV $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000
Signing Bonuses $11,000,000 $11,000,000 $11,000,000 $10,600,000 $9,000,000 $7,000,000 $6,200,000 $6,200,000
Total Salary $12,000,000 $12,000,000 $12,000,000 $11,600,000 $10,000,000 $8,000,000 $7,200,000 $7,200,000
Minors Salary $12,000,000 $12,000,000 $12,000,000 $11,600,000 $10,000,000 $8,000,000 $7,200,000 $7,200,000
Clauses NMC NMC NMC NMC NMC NMC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
16 team no-trade list years 7 & 8