Christian Kyrou buyout calculator, cap hit impact
Christian Kyrou Buyout Cap Implications
Birthdate September 16, 2003
If Christian Kyrou was bought out prior to the 2023-2024 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 19 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 $783,333
Remaining base salary
($2,350,000 * 33% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $130,556
(Total buyout cost/6 years)
Christian Kyrou projected buyout 2023-2024 season
2023-2024
2024-2025
2025-2026
2026-2027
2027-2028
2028-2029
Remaining Base Salary
$2,350,000
$775,000
$775,000
$800,000
$0
$0
$0
Original Cap Hit
$878,333
$878,333
$878,333
$0
$0
$0
Contract Signing Bonus
$95,000
$95,000
$95,000
$0
$0
$0
Contract Total Salary
($870,000)
($870,000)
($895,000)
($0)
($0)
($0)
Annual Buyout Cost
$130,556
$130,556
$130,556
$130,556
$130,556
$130,556
ACTUAL CAP HIT 
$233,889
$233,889
$208,889
$130,556
$130,556
$130,556
Savings
$644,444
$644,444
$669,444
$-130,556
$-130,556
$-130,556
Birthdate September 16, 2003
If Christian Kyrou was bought out prior to the 2023-2024 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 19 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 $783,333
Remaining base salary
($2,350,000 * 33% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $130,556
(Total buyout cost/6 years)
Christian Kyrou projected buyout 2023-2024 season
| 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | 2028-2029 | |
|---|---|---|---|---|---|---|
| Remaining Base Salary $2,350,000 |
$775,000 | $775,000 | $800,000 | $0 | $0 | $0 |
| Original Cap Hit | $878,333 | $878,333 | $878,333 | $0 | $0 | $0 |
| Contract Signing Bonus | $95,000 | $95,000 | $95,000 | $0 | $0 | $0 |
| Contract Total Salary | ($870,000) | ($870,000) | ($895,000) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $130,556 | $130,556 | $130,556 | $130,556 | $130,556 | $130,556 |
| ACTUAL CAP HIT
|
$233,889 | $233,889 | $208,889 | $130,556 | $130,556 | $130,556 |
| Savings | $644,444 | $644,444 | $669,444 | $-130,556 | $-130,556 | $-130,556 |
Active Contract
Entry Level Contract | 3 Years $2,634,999 1.05% of cap space
| 2023-2024 | 2024-2025 | 2025-2026 | ||
|---|---|---|---|---|
| Cap Hit | $878,333 | $878,333 | $878,333 | RFA |
| AAV | $950,000 | $950,000 | $950,000 | |
| Performance Bonuses | $80,000 | $80,000 | $55,000 | |
| Base Salary | $775,000 | $775,000 | $800,000 | |
| Signing Bonuses | $95,000 | $95,000 | $95,000 | |
| Total Salary | $870,000 | $870,000 | $895,000 | |
| Minors Salary | $82,500 | $82,500 | $82,500 | |
| Clauses | ||||
| UFA Year | ||||
| Buy It Out | Buy It Out | Buy It Out | ||