Brent Burns buyout calculator, cap hit impact
Brent Burns Buyout Cap Implications
Birthdate March 9, 1985
If Brent Burns 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 37 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 $6,000,000
Remaining base salary
($9,000,000 * 67% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $1,000,000
(Total buyout cost/6 years)
Brent Burns projected buyout 2022-2023 season
2022-2023
2023-2024
2024-2025
2025-2026
2026-2027
2027-2028
Remaining Base Salary
$9,000,000
$3,000,000
$3,000,000
$3,000,000
$0
$0
$0
Original Cap Hit
$8,000,000
$8,000,000
$8,000,000
$0
$0
$0
Contract Signing Bonus
$3,500,000
$2,000,000
$2,000,000
$0
$0
$0
Contract Total Salary
($6,500,000)
($5,000,000)
($5,000,000)
($0)
($0)
($0)
Annual Buyout Cost
$1,000,000
$1,000,000
$1,000,000
$1,000,000
$1,000,000
$1,000,000
ACTUAL CAP HIT 
$6,000,000
$6,000,000
$6,000,000
$1,000,000
$1,000,000
$1,000,000
Savings
$2,000,000
$2,000,000
$2,000,000
$-1,000,000
$-1,000,000
$-1,000,000
Birthdate March 9, 1985
If Brent Burns 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 37 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 $6,000,000
Remaining base salary
($9,000,000 * 67% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $1,000,000
(Total buyout cost/6 years)
Brent Burns projected buyout 2022-2023 season
| 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | |
|---|---|---|---|---|---|---|
| Remaining Base Salary $9,000,000 |
$3,000,000 | $3,000,000 | $3,000,000 | $0 | $0 | $0 |
| Original Cap Hit | $8,000,000 | $8,000,000 | $8,000,000 | $0 | $0 | $0 |
| Contract Signing Bonus | $3,500,000 | $2,000,000 | $2,000,000 | $0 | $0 | $0 |
| Contract Total Salary | ($6,500,000) | ($5,000,000) | ($5,000,000) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| ACTUAL CAP HIT
|
$6,000,000 | $6,000,000 | $6,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Savings | $2,000,000 | $2,000,000 | $2,000,000 | $-1,000,000 | $-1,000,000 | $-1,000,000 |