Brayden Schenn buyout calculator, cap hit impact

Brayden Schenn Buyout Cap Implications

Birthdate August 22, 1991

If Brayden Schenn 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 31 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 $20,533,333
Remaining base salary
($30,800,000 * 67% buyout multiplier)
.

5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)

Annual buyout cost of $2,053,333
(Total buyout cost/10 years)

Brayden Schenn projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031 2031-2032 2032-2033
Remaining Base Salary
$30,800,000
$8,000,000 $8,000,000 $6,500,000 $4,300,000 $4,000,000 $0 $0 $0 $0 $0
Original Cap Hit $6,500,000 $6,500,000 $6,500,000 $6,500,000 $6,500,000 $0 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($8,000,000) ($8,000,000) ($6,500,000) ($4,300,000) ($4,000,000) ($0) ($0) ($0) ($0) ($0)
Annual Buyout Cost $2,053,333 $2,053,333 $2,053,333 $2,053,333 $2,053,333 $2,053,333 $2,053,333 $2,053,333 $2,053,333 $2,053,333
ACTUAL CAP HIT St. Louis Blues logo $553,333 $553,333 $2,053,333 $4,253,333 $4,553,333 $2,053,333 $2,053,333 $2,053,333 $2,053,333 $2,053,333
Savings $5,946,667 $5,946,667 $4,446,667 $2,246,667 $1,946,667 $-2,053,333 $-2,053,333 $-2,053,333 $-2,053,333 $-2,053,333

Active Contract

Signing Team
Signing Date October 4, 2019
Signing Status UFA
Agent Ben Hankinson
View Player Profile
Potential Lockout Year
Standard Contract | 8 Years $52,000,000 7.98% of cap space
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Cap Hit $6,500,000 $6,500,000 $6,500,000 $6,500,000 $6,500,000 $6,500,000 $6,500,000 $6,500,000
UFA
AAV $6,500,000 $6,500,000 $6,500,000 $6,500,000 $6,500,000 $6,500,000 $6,500,000 $6,500,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $8,000,000 $8,000,000 $5,200,000 $8,000,000 $8,000,000 $6,500,000 $4,300,000 $4,000,000
Signing Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Total Salary $8,000,000 $8,000,000 $5,200,000 $8,000,000 $8,000,000 $6,500,000 $4,300,000 $4,000,000
Minors Salary $8,000,000 $8,000,000 $5,200,000 $8,000,000 $8,000,000 $6,500,000 $4,300,000 $4,000,000
Clauses 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 Buy It Out
15 Team No Trade