Carter Verhaeghe buyout calculator, cap hit impact

Carter Verhaeghe Buyout Cap Implications

Birthdate August 14, 1995

If Carter Verhaeghe was bought out prior to the 2021-2022 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 25 years old at the buyout giving him a 33% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost would be $366,667
Remaining base salary
($1,100,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $183,333
(Total buyout cost/2 years)

Carter Verhaeghe projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$1,100,000
$1,100,000 $0
Original Cap Hit $1,000,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($1,100,000) ($0)
Annual Buyout Cost $183,333 $183,333
ACTUAL CAP HIT Florida Panthers logo $83,333 $183,333
Savings $916,667 $-183,333

Active Contract

Signing Team
Signing Date July 28, 2021
Signing Status RFA
Agent Ian Pulver
Standard Contract | 3 Years $12,500,001 5.11% of cap space
2022-2023 2023-2024 2024-2025
Cap Hit $4,166,667 $4,166,667 $4,166,667
RFA
AAV $4,166,667 $4,166,667 $4,166,667
Performance Bonuses $0 $0 $0
Base Salary $2,500,000 $4,500,000 $4,500,000
Signing Bonuses $500,000 $500,000 $0
Total Salary $3,000,000 $5,000,000 $4,500,000
Minors Salary $3,000,000 $5,000,000 $4,500,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out