Arnaud Durandeau buyout calculator, cap hit impact

Arnaud Durandeau Buyout Cap Implications

Birthdate January 14, 1999

If Arnaud Durandeau was bought out prior to the 2020-2021 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 21 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 $483,333
Remaining base salary
($1,450,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $120,833
(Total buyout cost/4 years)

Arnaud Durandeau projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024
Remaining Base Salary
$1,450,000
$700,000 $750,000 $0 $0
Original Cap Hit $756,667 $756,667 $0 $0
Contract Signing Bonus $40,000 $40,000 $0 $0
Contract Total Salary ($740,000) ($790,000) ($0) ($0)
Annual Buyout Cost $120,833 $120,833 $120,833 $120,833
ACTUAL CAP HIT New York Islanders logo $177,500 $127,500 $120,833 $120,833
Savings $579,167 $629,167 $-120,833 $-120,833

Active Contract

Signing Team
Signing Date May 31, 2019
Agent Paul Corbeil
Entry Level Contract | 3 Years $2,270,001 0.93% of cap space
2019-2020 2020-2021 2021-2022
Cap Hit $756,667 $756,667 $756,667
RFA
AAV $756,667 $756,667 $756,667
Performance Bonuses $0 $0 $0
Base Salary $700,000 $700,000 $750,000
Signing Bonuses $40,000 $40,000 $40,000
Total Salary $740,000 $740,000 $790,000
Minors Salary $70,000 $70,000 $70,000
Clauses
UFA Year
Buy It Out Buy It Out