Andrew Cogliano buyout calculator, cap hit impact

Andrew Cogliano Buyout Cap Implications

Birthdate June 14, 1987

If Andrew Cogliano 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 31 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 $4,333,333
Remaining base salary
($6,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,083,333
(Total buyout cost/4 years)

Andrew Cogliano projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023
Remaining Base Salary
$6,500,000
$3,250,000 $3,250,000 $0 $0
Original Cap Hit $3,250,000 $3,250,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($3,250,000) ($3,250,000) ($0) ($0)
Annual Buyout Cost $1,083,333 $1,083,333 $1,083,333 $1,083,333
ACTUAL CAP HIT Dallas Stars logo $1,083,333 $1,083,333 $1,083,333 $1,083,333
Savings $2,166,667 $2,166,667 $-1,083,333 $-1,083,333

Active Contract

Signing Team
Signing Date January 12, 2018
Signing Status UFA
Agent Anton Thun
Standard Contract | 3 Years $9,750,000 3.99% of cap space
2018-2019 2019-2020 2020-2021
Cap Hit $3,250,000 $3,250,000 $3,250,000
UFA
AAV $3,250,000 $3,250,000 $3,250,000
Performance Bonuses $0 $0 $0
Base Salary $3,250,000 $3,250,000 $3,250,000
Signing Bonuses $0 $0 $0
Total Salary $3,250,000 $3,250,000 $3,250,000
Minors Salary $3,250,000 $3,250,000 $3,250,000
Clauses M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out