Artyom Zub buyout calculator, cap hit impact

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Artyom Zub Buyout Cap Implications

Birthdate October 3, 1995

If Artyom Zub was bought out prior to the 2022-2023 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 26 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 $2,166,667
Remaining base salary
($3,250,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,083,333
(Total buyout cost/2 years)

Artyom Zub projected buyout 2022-2023 season
2022-2023 2023-2024
Remaining Base Salary
$3,250,000
$3,250,000 $0
Original Cap Hit $2,500,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($3,250,000) ($0)
Annual Buyout Cost $1,083,333 $1,083,333
ACTUAL CAP HIT Ottawa Senators logo $333,333 $1,083,333
Savings $2,166,667 $-1,083,333

Active Contract

Signing Team Ottawa Senators logo
Signing Date May 14, 2021
Signing Status RFA
Agent Daniel Milstein
Standard Contract | 2 Years $5,000,000 3.03% of cap space
2021-2022 2022-2023
Cap Hit $2,500,000 $2,500,000
UFA
AAV $2,500,000 $2,500,000
Performance Bonuses $0 $0
Base Salary $1,750,000 $3,250,000
Signing Bonuses $0 $0
Total Salary $1,750,000 $3,250,000
Minors Salary $1,750,000 $3,250,000
Clauses
UFA Year
Buy It Out