Brock Nelson buyout calculator, cap hit impact

Brock Nelson Buyout Cap Implications

Birthdate October 15, 1991

If Brock Nelson 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 $9,866,667
Remaining base salary
($14,800,000 * 67% buyout multiplier)
.

3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)

Annual buyout cost of $1,644,444
(Total buyout cost/6 years)

Brock Nelson projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Remaining Base Salary
$14,800,000
$5,200,000 $5,600,000 $4,000,000 $0 $0 $0
Original Cap Hit $6,000,000 $6,000,000 $6,000,000 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0
Contract Total Salary ($5,200,000) ($5,600,000) ($4,000,000) ($0) ($0) ($0)
Annual Buyout Cost $1,644,444 $1,644,444 $1,644,444 $1,644,444 $1,644,444 $1,644,444
ACTUAL CAP HIT New York Islanders logo $2,444,444 $2,044,444 $3,644,444 $1,644,444 $1,644,444 $1,644,444
Savings $3,555,556 $3,955,556 $2,355,556 $-1,644,444 $-1,644,444 $-1,644,444

Active Contract

Signing Team
Signing Date May 23, 2019
Signing Status UFA
Agent Ben Hankinson
Standard Contract | 6 Years $36,000,000 7.36% of cap space
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025
Cap Hit $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000
UFA
AAV $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $6,000,000 $5,200,000 $8,000,000 $5,200,000 $5,600,000 $4,000,000
Signing Bonuses $2,000,000 $0 $0 $0 $0 $0
Total Salary $8,000,000 $5,200,000 $8,000,000 $5,200,000 $5,600,000 $4,000,000
Minors Salary $8,000,000 $5,200,000 $8,000,000 $5,200,000 $5,600,000 $4,000,000
Clauses NTC NTC M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out