Andrew Mangiapane buyout calculator, cap hit impact
Andrew Mangiapane Buyout Cap Implications
Birthdate April 4, 1996
If Andrew Mangiapane 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 27 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 $7,733,333
Remaining base salary
($11,600,000 * 67% buyout multiplier).
2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)
Annual buyout cost of $1,933,333
(Total buyout cost/4 years)
Andrew Mangiapane projected buyout 2023-2024 season
2023-2024
2024-2025
2025-2026
2026-2027
Remaining Base Salary
$11,600,000
$5,800,000
$5,800,000
$0
$0
Original Cap Hit
$5,800,000
$5,800,000
$0
$0
Contract Signing Bonus
$0
$0
$0
$0
Contract Total Salary
($5,800,000)
($5,800,000)
($0)
($0)
Annual Buyout Cost
$1,933,333
$1,933,333
$1,933,333
$1,933,333
ACTUAL CAP HIT 
$1,933,333
$1,933,333
$1,933,333
$1,933,333
Savings
$3,866,667
$3,866,667
$-1,933,333
$-1,933,333
Birthdate April 4, 1996
If Andrew Mangiapane 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 27 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 $7,733,333
Remaining base salary
($11,600,000 * 67% buyout multiplier).
2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)
Annual buyout cost of $1,933,333
(Total buyout cost/4 years)
Andrew Mangiapane projected buyout 2023-2024 season
| 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | |
|---|---|---|---|---|
| Remaining Base Salary $11,600,000 |
$5,800,000 | $5,800,000 | $0 | $0 |
| Original Cap Hit | $5,800,000 | $5,800,000 | $0 | $0 |
| Contract Signing Bonus | $0 | $0 | $0 | $0 |
| Contract Total Salary | ($5,800,000) | ($5,800,000) | ($0) | ($0) |
| Annual Buyout Cost | $1,933,333 | $1,933,333 | $1,933,333 | $1,933,333 |
| ACTUAL CAP HIT
|
$1,933,333 | $1,933,333 | $1,933,333 | $1,933,333 |
| Savings | $3,866,667 | $3,866,667 | $-1,933,333 | $-1,933,333 |
Active Contract
Standard Contract | 3 Years $17,400,000 6.95% of cap space
| 2022-2023 | 2023-2024 | 2024-2025 | ||
|---|---|---|---|---|
| Cap Hit | $5,800,000 | $5,800,000 | $5,800,000 | UFA |
| AAV | $5,800,000 | $5,800,000 | $5,800,000 | |
| Performance Bonuses | $0 | $0 | $0 | |
| Base Salary | $4,800,000 | $5,800,000 | $5,800,000 | |
| Signing Bonuses | $1,000,000 | $0 | $0 | |
| Total Salary | $5,800,000 | $5,800,000 | $5,800,000 | |
| Minors Salary | $5,800,000 | $5,800,000 | $5,800,000 | |
| Clauses | M-NTC | M-NTC | ||
| UFA Year | ||||
| Buy It Out | Buy It Out | |||
| 8-team No Trade Clause | ||||