Charlie Coyle buyout calculator, cap hit impact
Charlie Coyle Buyout Cap Implications
Birthdate March 2, 1992
If Charlie Coyle 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 29 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 $15,000,000
Remaining base salary
($22,500,000 * 67% buyout multiplier).
5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)
Annual buyout cost of $1,500,000
(Total buyout cost/10 years)
Charlie Coyle projected buyout 2021-2022 season
2021-2022
2022-2023
2023-2024
2024-2025
2025-2026
2026-2027
2027-2028
2028-2029
2029-2030
2030-2031
Remaining Base Salary
$22,500,000
$6,000,000
$3,000,000
$4,500,000
$4,500,000
$4,500,000
$0
$0
$0
$0
$0
Original Cap Hit
$5,250,000
$5,250,000
$5,250,000
$5,250,000
$5,250,000
$0
$0
$0
$0
$0
Contract Signing Bonus
$0
$1,000,000
$0
$0
$0
$0
$0
$0
$0
$0
Contract Total Salary
($6,000,000)
($4,000,000)
($4,500,000)
($4,500,000)
($4,500,000)
($0)
($0)
($0)
($0)
($0)
Annual Buyout Cost
$1,500,000
$1,500,000
$1,500,000
$1,500,000
$1,500,000
$1,500,000
$1,500,000
$1,500,000
$1,500,000
$1,500,000
ACTUAL CAP HIT 
$750,000
$3,750,000
$2,250,000
$2,250,000
$2,250,000
$1,500,000
$1,500,000
$1,500,000
$1,500,000
$1,500,000
Savings
$4,500,000
$1,500,000
$3,000,000
$3,000,000
$3,000,000
$-1,500,000
$-1,500,000
$-1,500,000
$-1,500,000
$-1,500,000
Birthdate March 2, 1992
If Charlie Coyle 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 29 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 $15,000,000
Remaining base salary
($22,500,000 * 67% buyout multiplier).
5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)
Annual buyout cost of $1,500,000
(Total buyout cost/10 years)
Charlie Coyle projected buyout 2021-2022 season
| 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | 2028-2029 | 2029-2030 | 2030-2031 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Remaining Base Salary $22,500,000 |
$6,000,000 | $3,000,000 | $4,500,000 | $4,500,000 | $4,500,000 | $0 | $0 | $0 | $0 | $0 |
| Original Cap Hit | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | $0 | $0 | $0 | $0 | $0 |
| Contract Signing Bonus | $0 | $1,000,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Contract Total Salary | ($6,000,000) | ($4,000,000) | ($4,500,000) | ($4,500,000) | ($4,500,000) | ($0) | ($0) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 |
| ACTUAL CAP HIT
|
$750,000 | $3,750,000 | $2,250,000 | $2,250,000 | $2,250,000 | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 |
| Savings | $4,500,000 | $1,500,000 | $3,000,000 | $3,000,000 | $3,000,000 | $-1,500,000 | $-1,500,000 | $-1,500,000 | $-1,500,000 | $-1,500,000 |
Active Contract
Standard Contract | 6 Years $31,500,000 6.44% of cap space
| 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | ||
|---|---|---|---|---|---|---|---|
| Cap Hit | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | UFA |
| AAV | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | $5,250,000 | |
| Performance Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | |
| Base Salary | $8,000,000 | $6,000,000 | $3,000,000 | $4,500,000 | $4,500,000 | $4,500,000 | |
| Signing Bonuses | $0 | $0 | $1,000,000 | $0 | $0 | $0 | |
| Total Salary | $8,000,000 | $6,000,000 | $4,000,000 | $4,500,000 | $4,500,000 | $4,500,000 | |
| Minors Salary | $8,000,000 | $6,000,000 | $4,000,000 | $4,500,000 | $4,500,000 | $4,500,000 | |
| Clauses | |||||||
| UFA Year | |||||||
| Buy It Out | Buy It Out | Buy It Out | Buy It Out | Buy It Out | |||