Arvid Holm buyout calculator, cap hit impact

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Arvid Holm Buyout Cap Implications

Birthdate November 3, 1998

If Arvid Holm 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 23 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 $277,500
Remaining base salary
($832,500 * 33% buyout multiplier)
.

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

Annual buyout cost of $138,750
(Total buyout cost/2 years)

Arvid Holm projected buyout 2022-2023 season
2022-2023 2023-2024
Remaining Base Salary
$832,500
$832,500 $0
Original Cap Hit $845,833 $0
Contract Signing Bonus $92,500 $0
Contract Total Salary ($925,000) ($0)
Annual Buyout Cost $138,750 $138,750
ACTUAL CAP HIT Winnipeg Jets logo $152,083 $138,750
Savings $693,750 $-138,750

Active Contract

Signing Team Winnipeg Jets logo
Signing Date June 15, 2020
Entry Level Contract | 3 Years $2,537,499 1.03% of cap space
2020-2021 2021-2022 2022-2023
Cap Hit $845,833 $845,833 $845,833
RFA
AAV $873,333 $873,333 $873,333
Performance Bonuses $0 $82,500 $0
Base Salary $700,000 $750,000 $832,500
Signing Bonuses $70,000 $92,500 $92,500
Total Salary $770,000 $842,500 $925,000
Minors Salary $70,000 $70,000 $70,000
Clauses
UFA Year
Buy It Out