Ales Stezka buyout calculator, cap hit impact

Ales Stezka Buyout Cap Implications

Birthdate January 6, 1997

If Ales Stezka was bought out prior to the 2023-2024 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 26 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 $516,667
Remaining base salary
($775,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $258,333
(Total buyout cost/2 years)

Ales Stezka projected buyout 2023-2024 season
2023-2024 2024-2025
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 $258,333 $258,333
ACTUAL CAP HIT Seattle Kraken logo $353,333 $258,333
Savings $516,667 $-258,333

Active Contract

Signing Team Seattle Kraken logo
Signing Date May 2, 2023
Entry Level Contract | 1 Years $870,000 1.04% of cap space
2023-2024
Cap Hit $870,000
UFA
AAV $950,000
Performance Bonuses $80,000
Base Salary $775,000
Signing Bonuses $95,000
Total Salary $870,000
Minors Salary $82,500
Clauses
UFA Year
Buy It Out