Carson Soucy buyout calculator, cap hit impact
Carson Soucy Buyout Cap Implications
Birthdate July 24, 1994
If Carson Soucy 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 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 $5,500,000
Remaining base salary
($8,250,000 * 67% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $916,667
(Total buyout cost/6 years)
Carson Soucy projected buyout 2022-2023 season
2023-2024
2024-2025
2025-2026
2026-2027
2027-2028
2028-2029
Remaining Base Salary
$8,250,000
$2,500,000
$3,250,000
$2,500,000
$0
$0
$0
Original Cap Hit
$3,250,000
$3,250,000
$3,250,000
$0
$0
$0
Contract Signing Bonus
$1,500,000
$0
$0
$0
$0
$0
Contract Total Salary
($4,000,000)
($3,250,000)
($2,500,000)
($0)
($0)
($0)
Annual Buyout Cost
$916,667
$916,667
$916,667
$916,667
$916,667
$916,667
ACTUAL CAP HIT 
$1,666,667
$916,667
$1,666,667
$916,667
$916,667
$916,667
Savings
$1,583,333
$2,333,333
$1,583,333
$-916,667
$-916,667
$-916,667
Birthdate July 24, 1994
If Carson Soucy 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 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 $5,500,000
Remaining base salary
($8,250,000 * 67% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $916,667
(Total buyout cost/6 years)
Carson Soucy projected buyout 2022-2023 season
| 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | 2028-2029 | |
|---|---|---|---|---|---|---|
| Remaining Base Salary $8,250,000 |
$2,500,000 | $3,250,000 | $2,500,000 | $0 | $0 | $0 |
| Original Cap Hit | $3,250,000 | $3,250,000 | $3,250,000 | $0 | $0 | $0 |
| Contract Signing Bonus | $1,500,000 | $0 | $0 | $0 | $0 | $0 |
| Contract Total Salary | ($4,000,000) | ($3,250,000) | ($2,500,000) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $916,667 | $916,667 | $916,667 | $916,667 | $916,667 | $916,667 |
| ACTUAL CAP HIT
|
$1,666,667 | $916,667 | $1,666,667 | $916,667 | $916,667 | $916,667 |
| Savings | $1,583,333 | $2,333,333 | $1,583,333 | $-916,667 | $-916,667 | $-916,667 |
Active Contract
Standard Contract | 3 Years $9,750,000 3.89% of cap space
| 2023-2024 | 2024-2025 | 2025-2026 | ||
|---|---|---|---|---|
| Cap Hit | $3,250,000 | $3,250,000 | $3,250,000 | UFA |
| AAV | $3,250,000 | $3,250,000 | $3,250,000 | |
| Performance Bonuses | $0 | $0 | $0 | |
| Base Salary | $2,500,000 | $3,250,000 | $2,500,000 | |
| Signing Bonuses | $1,500,000 | $0 | $0 | |
| Total Salary | $4,000,000 | $3,250,000 | $2,500,000 | |
| Minors Salary | $4,000,000 | $3,250,000 | $2,500,000 | |
| Clauses | NTC | NTC | M-NTC | |
| UFA Year | ||||
| Buy It Out | Buy It Out | Buy It Out | ||
| Yrs 1-2: No Trade Clause; Yr 3: 12 Team no Trade List | ||||