Carter Verhaeghe buyout calculator, cap hit impact

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Carter Verhaeghe Buyout Cap Implications

Birthdate August 14, 1995

If Carter Verhaeghe 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 26 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 $7,666,667
Remaining base salary
($11,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,277,778
(Total buyout cost/6 years)

Carter Verhaeghe projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Remaining Base Salary
$11,500,000
$2,500,000 $4,500,000 $4,500,000 $0 $0 $0
Original Cap Hit $4,166,667 $4,166,667 $4,166,667 $0 $0 $0
Contract Signing Bonus $500,000 $500,000 $0 $0 $0 $0
Contract Total Salary ($3,000,000) ($5,000,000) ($4,500,000) ($0) ($0) ($0)
Annual Buyout Cost $1,277,778 $1,277,778 $1,277,778 $1,277,778 $1,277,778 $1,277,778
ACTUAL CAP HIT Florida Panthers logo $2,944,445 $944,445 $944,445 $1,277,778 $1,277,778 $1,277,778
Savings $1,222,222 $3,222,222 $3,222,222 $-1,277,778 $-1,277,778 $-1,277,778

Active Contract

Signing Team Florida Panthers logo
Signing Date July 28, 2021
Signing Status RFA
Agent Ian Pulver
Standard Contract | 3 Years $12,500,001 4.99% of cap space
2022-2023 2023-2024 2024-2025
Cap Hit $4,166,667 $4,166,667 $4,166,667
UFA
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