Brian Lashoff buyout calculator, cap hit impact

Brian Lashoff Buyout Cap Implications

Birthdate July 16, 1990

If Brian Lashoff was bought out prior to the 2020-2021 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 29 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 $466,667
Remaining base salary
($700,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $233,333
(Total buyout cost/2 years)

Brian Lashoff projected buyout 2020-2021 season
2020-2021 2021-2022
Remaining Base Salary
$700,000
$700,000 $0
Original Cap Hit $700,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($700,000) ($0)
Annual Buyout Cost $233,333 $233,333
ACTUAL CAP HIT Detroit Red Wings logo $233,333 $233,333
Savings $466,667 $-233,333

Active Contract

Signing Team
Signing Date March 13, 2019
Signing Status UFA
Standard Contract | 2 Years $1,400,000 0.86% of cap space
2019-2020 2020-2021
Cap Hit $700,000 $700,000
UFA
AAV $700,000 $700,000
Performance Bonuses $0 $0
Base Salary $700,000 $700,000
Signing Bonuses $0 $0
Total Salary $700,000 $700,000
Minors Salary $0 $0
Clauses
UFA Year
Buy It Out