Arvid Soderblom buyout calculator, cap hit impact

Arvid Soderblom Buyout Cap Implications

Birthdate August 19, 1999

If Arvid Soderblom was bought out prior to the 2024-2025 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 24 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 $320,833
Remaining base salary
($962,500 * 33% buyout multiplier)
.

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

Annual buyout cost of $160,417
(Total buyout cost/2 years)

Arvid Soderblom projected buyout 2024-2025 season
2024-2025 2025-2026
Remaining Base Salary
$962,500
$962,500 $0
Original Cap Hit $962,500 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($962,500) ($0)
Annual Buyout Cost $160,417 $160,417
ACTUAL CAP HIT Chicago Blackhawks logo $160,417 $160,417
Savings $802,083 $-160,417

Active Contract

Signing Team Chicago Blackhawks logo
Signing Date May 10, 2023
Signing Status RFA

Qualifying Offer on Expiry $1,000,000
Standard Contract | 2 Years $1,925,000 1.15% of cap space
2023-2024 2024-2025
Cap Hit $962,500 $962,500
RFA
AAV $962,500 $962,500
Performance Bonuses $0 $0
Base Salary $962,500 $962,500
Signing Bonuses $0 $0
Total Salary $962,500 $962,500
Minors Salary $962,500 $962,500
Clauses
UFA Year
Buy It Out Buy It Out