Darcy Kuemper buyout calculator, cap hit impact

Darcy Kuemper Buyout Cap Implications

Birthdate May 5, 1990

If Darcy Kuemper 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 31 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 $3,666,667
Remaining base salary
($5,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,833,333
(Total buyout cost/2 years)

Darcy Kuemper projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$5,500,000
$5,500,000 $0
Original Cap Hit $4,500,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($5,500,000) ($0)
Annual Buyout Cost $1,833,333 $1,833,333
ACTUAL CAP HIT Arizona Coyotes logo $833,333 $1,833,333
Savings $3,666,667 $-1,833,333

Active Contract

Signing Team
Signing Date October 2, 2019
Signing Status UFA
Agent Ben Hankinson
Standard Contract | 2 Years $9,000,000 5.52% of cap space
2020-2021 2021-2022
Cap Hit $4,500,000 $4,500,000
UFA
AAV $4,500,000 $4,500,000
Performance Bonuses $0 $0
Base Salary $3,500,000 $5,500,000
Signing Bonuses $0 $0
Total Salary $3,500,000 $5,500,000
Minors Salary $3,500,000 $5,500,000
Clauses
UFA Year
Buy It Out Buy It Out