Alex Tuch buyout calculator, cap hit impact

Alex Tuch Buyout Cap Implications

Birthdate May 10, 1996

If Alex Tuch 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 $7,916,667
Remaining base salary
($23,750,000 * 33% buyout multiplier)
.

5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)

Annual buyout cost of $791,667
(Total buyout cost/10 years)

Alex Tuch projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031
Remaining Base Salary
$23,750,000
$4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $0 $0 $0 $0 $0
Original Cap Hit $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $0 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($4,750,000) ($4,750,000) ($4,750,000) ($4,750,000) ($4,750,000) ($0) ($0) ($0) ($0) ($0)
Annual Buyout Cost $791,667 $791,667 $791,667 $791,667 $791,667 $791,667 $791,667 $791,667 $791,667 $791,667
ACTUAL CAP HIT Vegas Golden Knights logo $791,667 $791,667 $791,667 $791,667 $791,667 $791,667 $791,667 $791,667 $791,667 $791,667
Savings $3,958,333 $3,958,333 $3,958,333 $3,958,333 $3,958,333 $-791,667 $-791,667 $-791,667 $-791,667 $-791,667

Active Contract

Signing Team
Signing Date October 19, 2018
Signing Status RFA
Agent Brian Bartlett
Standard Contract | 7 Years $33,250,000 5.83% of cap space
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
Cap Hit $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000
UFA
AAV $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0
Base Salary $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000
Signing Bonuses $0 $0 $0 $0 $0 $0 $0
Total Salary $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000
Minors Salary $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000 $4,750,000
Clauses M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
5 Team No Trade List