Brendan Gallagher buyout calculator, cap hit impact
Brendan Gallagher Buyout Cap Implications
Birthdate May 6, 1992
If Brendan Gallagher 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 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 $22,666,667
Remaining base salary
($34,000,000 * 67% buyout multiplier).
5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)
Annual buyout cost of $2,266,667
(Total buyout cost/10 years)
Brendan Gallagher projected buyout 2022-2023 season
2022-2023
2023-2024
2024-2025
2025-2026
2026-2027
2027-2028
2028-2029
2029-2030
2030-2031
2031-2032
Remaining Base Salary
$34,000,000
$6,500,000
$8,000,000
$9,000,000
$6,500,000
$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
($6,500,000)
($8,000,000)
($9,000,000)
($6,500,000)
($4,000,000)
($0)
($0)
($0)
($0)
($0)
Annual Buyout Cost
$2,266,667
$2,266,667
$2,266,667
$2,266,667
$2,266,667
$2,266,667
$2,266,667
$2,266,667
$2,266,667
$2,266,667
ACTUAL CAP HIT 
$2,266,667
$766,667
$-233,333
$2,266,667
$4,766,667
$2,266,667
$2,266,667
$2,266,667
$2,266,667
$2,266,667
Savings
$4,233,333
$5,733,333
$6,733,333
$4,233,333
$1,733,333
$-2,266,667
$-2,266,667
$-2,266,667
$-2,266,667
$-2,266,667
Birthdate May 6, 1992
If Brendan Gallagher 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 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 $22,666,667
Remaining base salary
($34,000,000 * 67% buyout multiplier).
5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)
Annual buyout cost of $2,266,667
(Total buyout cost/10 years)
Brendan Gallagher projected buyout 2022-2023 season
| 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | 2028-2029 | 2029-2030 | 2030-2031 | 2031-2032 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Remaining Base Salary $34,000,000 |
$6,500,000 | $8,000,000 | $9,000,000 | $6,500,000 | $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 | ($6,500,000) | ($8,000,000) | ($9,000,000) | ($6,500,000) | ($4,000,000) | ($0) | ($0) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $2,266,667 | $2,266,667 | $2,266,667 | $2,266,667 | $2,266,667 | $2,266,667 | $2,266,667 | $2,266,667 | $2,266,667 | $2,266,667 |
| ACTUAL CAP HIT
|
$2,266,667 | $766,667 | $-233,333 | $2,266,667 | $4,766,667 | $2,266,667 | $2,266,667 | $2,266,667 | $2,266,667 | $2,266,667 |
| Savings | $4,233,333 | $5,733,333 | $6,733,333 | $4,233,333 | $1,733,333 | $-2,266,667 | $-2,266,667 | $-2,266,667 | $-2,266,667 | $-2,266,667 |
Active Contract
Standard Contract | 6 Years $39,000,000 7.78% of cap space
| 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | ||
|---|---|---|---|---|---|---|---|
| Cap Hit | $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 | |
| Performance Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | |
| Base Salary | $5,000,000 | $6,500,000 | $8,000,000 | $9,000,000 | $6,500,000 | $4,000,000 | |
| Signing Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Salary | $5,000,000 | $6,500,000 | $8,000,000 | $9,000,000 | $6,500,000 | $4,000,000 | |
| Minors Salary | $5,000,000 | $6,500,000 | $8,000,000 | $9,000,000 | $6,500,000 | $4,000,000 | |
| Clauses | M-NTC
NMC |
M-NTC
NMC |
M-NTC
NMC |
M-NTC
NMC |
M-NTC
NMC |
M-NTC
NMC |
|
| UFA Year | |||||||
| Buy It Out | Buy It Out | Buy It Out | Buy It Out | ||||
| 6 Team No Trade List | |||||||