Anze Kopitar buyout calculator, cap hit impact

Anze Kopitar Buyout Cap Implications

Birthdate August 24, 1987

If Anze Kopitar 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 33 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 $14,666,667
Remaining base salary
($22,000,000 * 67% buyout multiplier)
.

3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)

Annual buyout cost of $2,444,444
(Total buyout cost/6 years)

Anze Kopitar projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Remaining Base Salary
$22,000,000
$8,000,000 $7,000,000 $7,000,000 $0 $0 $0
Original Cap Hit $10,000,000 $10,000,000 $10,000,000 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0
Contract Total Salary ($8,000,000) ($7,000,000) ($7,000,000) ($0) ($0) ($0)
Annual Buyout Cost $2,444,444 $2,444,444 $2,444,444 $2,444,444 $2,444,444 $2,444,444
ACTUAL CAP HIT Los Angeles Kings logo $4,444,444 $5,444,444 $5,444,444 $2,444,444 $2,444,444 $2,444,444
Savings $5,555,556 $4,555,556 $4,555,556 $-2,444,444 $-2,444,444 $-2,444,444

Active Contract

Signing Team
Signing Date January 16, 2016
Signing Status UFA
Agent Pat Brisson
View Player Profile
Potential Lockout Year
Standard Contract | 8 Years $80,000,000 12.27% of cap space
2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024
Cap Hit $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000
UFA
AAV $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $5,000,000 $4,000,000 $12,000,000 $11,000,000 $8,000,000 $8,000,000 $7,000,000 $7,000,000
Signing Bonuses $9,000,000 $9,000,000 $0 $0 $0 $0 $0 $0
Total Salary $14,000,000 $13,000,000 $12,000,000 $11,000,000 $8,000,000 $8,000,000 $7,000,000 $7,000,000
Minors Salary $14,000,000 $13,000,000 $12,000,000 $11,000,000 $8,000,000 $8,000,000 $7,000,000 $7,000,000
Clauses NMC NMC NMC NMC M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out