Christian Dvorak buyout calculator, cap hit impact

Christian Dvorak Buyout Cap Implications

Birthdate February 2, 1996

If Christian Dvorak 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 $9,950,000
Remaining base salary
($14,925,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,658,333
(Total buyout cost/6 years)

Christian Dvorak projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Remaining Base Salary
$14,925,000
$3,450,000 $5,725,000 $5,750,000 $0 $0 $0
Original Cap Hit $4,450,000 $4,450,000 $4,450,000 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0
Contract Total Salary ($3,450,000) ($5,725,000) ($5,750,000) ($0) ($0) ($0)
Annual Buyout Cost $1,658,333 $1,658,333 $1,658,333 $1,658,333 $1,658,333 $1,658,333
ACTUAL CAP HIT Montreal Canadiens logo $2,658,333 $383,333 $358,333 $1,658,333 $1,658,333 $1,658,333
Savings $1,791,667 $4,066,667 $4,091,667 $-1,658,333 $-1,658,333 $-1,658,333

Active Contract

Signing Team Arizona Coyotes logo
Signing Date August 9, 2018
Signing Status RFA
Agent Kevin Magnuson
Standard Contract | 6 Years $26,700,000 5.46% of cap space
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025
Cap Hit $4,450,000 $4,450,000 $4,450,000 $4,450,000 $4,450,000 $4,450,000
UFA
AAV $4,450,000 $4,450,000 $4,450,000 $4,450,000 $4,450,000 $4,450,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $2,950,000 $3,450,000 $5,075,000 $3,450,000 $5,725,000 $5,750,000
Signing Bonuses $300,000 $0 $0 $0 $0 $0
Total Salary $3,250,000 $3,450,000 $5,075,000 $3,450,000 $5,725,000 $5,750,000
Minors Salary $3,250,000 $3,450,000 $5,075,000 $3,450,000 $5,725,000 $5,750,000
Clauses NTC NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out
8 Team NTC last 2 seasons