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 2023-2024 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 31 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 $6,400,000
Remaining base salary
($9,600,000 * 67% buyout multiplier)
.

2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)

Annual buyout cost of $1,600,000
(Total buyout cost/4 years)

Brock Nelson projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027
Remaining Base Salary
$9,600,000
$5,600,000 $4,000,000 $0 $0
Original Cap Hit $6,000,000 $6,000,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($5,600,000) ($4,000,000) ($0) ($0)
Annual Buyout Cost $1,600,000 $1,600,000 $1,600,000 $1,600,000
ACTUAL CAP HIT New York Islanders logo $2,000,000 $3,600,000 $1,600,000 $1,600,000
Savings $4,000,000 $2,400,000 $-1,600,000 $-1,600,000

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