Artturi Lehkonen buyout calculator, cap hit impact

Northstar Bets Northstar Bets

Artturi Lehkonen Buyout Cap Implications

Birthdate July 4, 1995

If Artturi Lehkonen 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 $11,000,000
Remaining base salary
($16,500,000 * 67% buyout multiplier)
.

4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)

Annual buyout cost of $1,375,000
(Total buyout cost/8 years)

Artturi Lehkonen projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031
Remaining Base Salary
$16,500,000
$5,000,000 $4,500,000 $4,000,000 $3,000,000 $0 $0 $0 $0
Original Cap Hit $4,500,000 $4,500,000 $4,500,000 $4,500,000 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $1,000,000 $0 $0 $0 $0
Contract Total Salary ($5,000,000) ($4,500,000) ($4,000,000) ($4,000,000) ($0) ($0) ($0) ($0)
Annual Buyout Cost $1,375,000 $1,375,000 $1,375,000 $1,375,000 $1,375,000 $1,375,000 $1,375,000 $1,375,000
ACTUAL CAP HIT Colorado Avalanche logo $875,000 $1,375,000 $1,875,000 $2,875,000 $1,375,000 $1,375,000 $1,375,000 $1,375,000
Savings $3,625,000 $3,125,000 $2,625,000 $1,625,000 $-1,375,000 $-1,375,000 $-1,375,000 $-1,375,000

Active Contract

Signing Team Colorado Avalanche logo
Signing Date July 13, 2022
Signing Status RFA
Agent Mika Rautakallio
View Player Profile
Potential Lockout Year
Standard Contract | 5 Years $22,500,000 5.45% of cap space
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Cap Hit $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000
UFA
AAV $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000
Performance Bonuses $0 $0 $0 $0 $0
Base Salary $5,000,000 $5,000,000 $4,500,000 $4,000,000 $3,000,000
Signing Bonuses $0 $0 $0 $0 $1,000,000
Total Salary $5,000,000 $5,000,000 $4,500,000 $4,000,000 $4,000,000
Minors Salary $5,000,000 $5,000,000 $4,500,000 $4,000,000 $4,000,000
Clauses NTC NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
*No Trade clause; Modified No Trade (commencing Jun 15, 2024) – 12 No Trade List