Alex Debrincat buyout calculator, cap hit impact

Alex Debrincat Buyout Cap Implications

Birthdate December 18, 1997

If Alex Debrincat was bought out prior to the 2022-2023 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 $3,000,000
Remaining base salary
($9,000,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $1,500,000
(Total buyout cost/2 years)

Alex Debrincat projected buyout 2022-2023 season
2022-2023 2023-2024
Remaining Base Salary
$9,000,000
$9,000,000 $0
Original Cap Hit $6,400,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($9,000,000) ($0)
Annual Buyout Cost $1,500,000 $1,500,000
ACTUAL CAP HIT Chicago Blackhawks logo $-1,100,000 $1,500,000
Savings $7,500,000 $-1,500,000

Active Contract

Signing Team
Signing Date October 3, 2019
Signing Status RFA
Agent Jeff Jackson
Standard Contract | 3 Years $19,200,000 7.85% of cap space
2020-2021 2021-2022 2022-2023
Cap Hit $6,400,000 $6,400,000 $6,400,000
RFA
AAV $6,400,000 $6,400,000 $6,400,000
Performance Bonuses $0 $0 $0
Base Salary $1,100,000 $5,100,000 $9,000,000
Signing Bonuses $4,000,000 $0 $0
Total Salary $5,100,000 $5,100,000 $9,000,000
Minors Salary $5,100,000 $5,100,000 $9,000,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out