Barclay Goodrow buyout calculator, cap hit impact

Barclay Goodrow Buyout Cap Implications

Birthdate February 26, 1993

If Barclay Goodrow 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 30 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 $10,066,667
Remaining base salary
($15,100,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,258,333
(Total buyout cost/8 years)

Barclay Goodrow projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031
Remaining Base Salary
$15,100,000
$5,100,000 $5,000,000 $3,750,000 $1,250,000 $0 $0 $0 $0
Original Cap Hit $3,641,667 $3,641,667 $3,641,667 $3,641,667 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $1,250,000 $0 $0 $0 $0
Contract Total Salary ($5,100,000) ($5,000,000) ($3,750,000) ($2,500,000) ($0) ($0) ($0) ($0)
Annual Buyout Cost $1,258,333 $1,258,333 $1,258,333 $1,258,333 $1,258,333 $1,258,333 $1,258,333 $1,258,333
ACTUAL CAP HIT New York Rangers logo $-200,000 $-100,000 $1,150,000 $3,650,000 $1,258,333 $1,258,333 $1,258,333 $1,258,333
Savings $3,841,667 $3,741,667 $2,491,667 $-8,333 $-1,258,333 $-1,258,333 $-1,258,333 $-1,258,333

Active Contract

Signing Team New York Rangers logo
Signing Date July 22, 2021
Signing Status UFA
Agent Ian Pulver
View Player Profile
Potential Lockout Year
Standard Contract | 6 Years $21,850,002 4.47% of cap space
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Cap Hit $3,641,667 $3,641,667 $3,641,667 $3,641,667 $3,641,667 $3,641,667
UFA
AAV $3,641,667 $3,641,667 $3,641,667 $3,641,667 $3,641,667 $3,641,667
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $750,000 $2,500,000 $5,100,000 $5,000,000 $3,750,000 $1,250,000
Signing Bonuses $1,750,000 $500,000 $0 $0 $0 $1,250,000
Total Salary $2,500,000 $3,000,000 $5,100,000 $5,000,000 $3,750,000 $2,500,000
Minors Salary $2,500,000 $3,000,000 $5,100,000 $5,000,000 $3,750,000 $2,500,000
Clauses M-NTC M-NTC M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
15 team No Trade List