Brett Kulak buyout calculator, cap hit impact


Brett Kulak Buyout Cap Implications

Birthdate January 6, 1994

If Brett Kulak was bought out prior to the 2021-2022 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 27 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 $1,466,667
Remaining base salary
($2,200,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $733,333
(Total buyout cost/2 years)

Brett Kulak projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$2,200,000
$2,200,000 $0
Original Cap Hit $1,850,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($2,200,000) ($0)
Annual Buyout Cost $733,333 $733,333
ACTUAL CAP HIT Montreal Canadiens logo $383,333 $733,333
Savings $1,466,667 $-733,333

Active Contract

Signing Team
Signing Date May 25, 2019
Signing Status RFA
Agent Gerry Johannson
View Player Profile
Potential Lockout Year
Standard Contract | 3 Years $5,550,000 2.27% of cap space
2019-2020 2020-2021 2021-2022
Cap Hit $1,850,000 $1,850,000 $1,850,000
UFA
AAV $1,850,000 $1,850,000 $1,850,000
Performance Bonuses $0 $0 $0
Base Salary $1,950,000 $1,400,000 $2,200,000
Signing Bonuses $0 $0 $0
Total Salary $1,950,000 $1,400,000 $2,200,000
Minors Salary $1,950,000 $1,400,000 $2,200,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out