Calle Jarnkrok buyout calculator, cap hit impact

Calle Jarnkrok Buyout Cap Implications

Birthdate September 25, 1991

If Calle Jarnkrok 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 28 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 $2,800,000
Remaining base salary
($4,200,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $700,000
(Total buyout cost/4 years)

Calle Jarnkrok projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024
Remaining Base Salary
$4,200,000
$2,200,000 $2,000,000 $0 $0
Original Cap Hit $2,000,000 $2,000,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($2,200,000) ($2,000,000) ($0) ($0)
Annual Buyout Cost $700,000 $700,000 $700,000 $700,000
ACTUAL CAP HIT Nashville Predators logo $500,000 $700,000 $700,000 $700,000
Savings $1,500,000 $1,300,000 $-700,000 $-700,000

Active Contract

Signing Team
Signing Date July 27, 2016
Signing Status RFA
Agent Todd Reynolds
Standard Contract | 6 Years $12,000,000 2.45% of cap space
2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
Cap Hit $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000
UFA
AAV $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $1,700,000 $1,800,000 $2,100,000 $2,200,000 $2,200,000 $2,000,000
Signing Bonuses $0 $0 $0 $0 $0 $0
Total Salary $1,700,000 $1,800,000 $2,100,000 $2,200,000 $2,200,000 $2,000,000
Minors Salary $1,700,000 $1,800,000 $2,100,000 $2,200,000 $2,200,000 $2,000,000
Clauses
UFA Year
Buy It Out Buy It Out