Andre Heim buyout calculator, cap hit impact
Andre Heim Buyout Cap Implications
Birthdate April 26, 1998
If Andre Heim 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 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 $285,000
Remaining base salary
($855,000 * 33% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $142,500
(Total buyout cost/2 years)
Andre Heim projected buyout 2023-2024 season
2023-2024
2024-2025
Remaining Base Salary
$855,000
$855,000
$0
Original Cap Hit
$950,000
$0
Contract Signing Bonus
$95,000
$0
Contract Total Salary
($950,000)
($0)
Annual Buyout Cost
$142,500
$142,500
ACTUAL CAP HIT 
$237,500
$142,500
Savings
$712,500
$-142,500
Birthdate April 26, 1998
If Andre Heim 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 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 $285,000
Remaining base salary
($855,000 * 33% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $142,500
(Total buyout cost/2 years)
Andre Heim projected buyout 2023-2024 season
| 2023-2024 | 2024-2025 | |
|---|---|---|
| Remaining Base Salary $855,000 |
$855,000 | $0 |
| Original Cap Hit | $950,000 | $0 |
| Contract Signing Bonus | $95,000 | $0 |
| Contract Total Salary | ($950,000) | ($0) |
| Annual Buyout Cost | $142,500 | $142,500 |
| ACTUAL CAP HIT
|
$237,500 | $142,500 |
| Savings | $712,500 | $-142,500 |
Active Contract
Entry Level Contract | 1 Years $950,000 1.14% of cap space
| 2023-2024 | ||
|---|---|---|
| Cap Hit | $950,000 | RFA |
| AAV | $950,000 | |
| Performance Bonuses | $0 | |
| Base Salary | $855,000 | |
| Signing Bonuses | $95,000 | |
| Total Salary | $950,000 | |
| Minors Salary | $82,500 | |
| Clauses | ||
| UFA Year | ||
| Buy It Out | ||