Buyout calculator for Andrej Sekera

Andrej Sekera Buyout Cap Implications

Birthdate June 8, 1986

If Andrej Sekera was bought out prior to the 2019-2020 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 $6,000,000
Remaining base salary
($9,000,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,500,000
(Total buyout cost/4 years)

Andrej Sekera projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023
Remaining Base Salary
$9,000,000
$4,500,000 $4,500,000 $0 $0
Original Cap Hit $5,500,000 $5,500,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($4,500,000) ($4,500,000) ($0) ($0)
Annual Buyout Cost $1,500,000 $1,500,000 $1,500,000 $1,500,000
ACTUAL CAP HIT $2,500,000 $2,500,000 $1,500,000 $1,500,000
Savings $3,000,000 $3,000,000 $-1,500,000 $-1,500,000

Active Contract

Signing Team
Signing Date July 1, 2015
Signing Status UFA
Agent Allan Walsh
View Player Profile
Potential Lockout Year
Standard Contract | 6 Years $33,000,000 6.92% of cap space
2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021
Cap Hit $5,500,000 $5,500,000 $5,500,000 $5,500,000 $5,500,000 $5,500,000
UFA
AAV $5,500,000 $5,500,000 $5,500,000 $5,500,000 $5,500,000 $5,500,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $6,500,000 $6,500,000 $5,500,000 $5,500,000 $4,500,000 $4,500,000
Signing Bonuses $0 $0 $0 $0 $0 $0
Total Salary $6,500,000 $6,500,000 $5,500,000 $5,500,000 $4,500,000 $4,500,000
Minors Salary $6,500,000 $6,500,000 $5,500,000 $5,500,000 $4,500,000 $4,500,000
Clauses NMC NMC NMC NMC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out