Daniil Chayka buyout calculator, cap hit impact

Daniil Chayka Buyout Cap Implications

Birthdate October 22, 2002

If Daniil Chayka 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 20 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 $794,167
Remaining base salary
($2,382,500 * 33% buyout multiplier)
.

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

Annual buyout cost of $132,361
(Total buyout cost/6 years)

Daniil Chayka projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029
Remaining Base Salary
$2,382,500
$775,000 $775,000 $832,500 $0 $0 $0
Original Cap Hit $825,000 $825,000 $825,000 $0 $0 $0
Contract Signing Bonus $92,500 $0 $0 $0 $0 $0
Contract Total Salary ($867,500) ($775,000) ($832,500) ($0) ($0) ($0)
Annual Buyout Cost $132,361 $132,361 $132,361 $132,361 $132,361 $132,361
ACTUAL CAP HIT Vegas Golden Knights logo $182,361 $182,361 $124,861 $132,361 $132,361 $132,361
Savings $642,639 $642,639 $700,139 $-132,361 $-132,361 $-132,361

Active Contract

Signing Team Vegas Golden Knights logo
Signing Date September 26, 2021
Agent Daniel Milstein
Qualifying Offer on Expiry $874,125
Entry Level Contract | 3 Years $2,475,000 1.04% of cap space
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
Cap Hit $870,000 $847,500 $825,000 $825,000 $825,000
RFA
AAV $925,000 $894,167 $844,167 $844,167 $844,167
Performance Bonuses $0 $0 $57,500 $0 $0
Base Salary $0 $0 $775,000 $775,000 $832,500
Signing Bonuses $92,500 $92,500 $92,500 $0 $0
Total Salary $92,500 $92,500 $867,500 $775,000 $832,500
Minors Salary $0 $0 $80,000 $80,000 $80,000
Clauses
ENTRY-LEVEL SLIDE
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out Buy It Out