David Perron buyout calculator, cap hit impact

David Perron Buyout Cap Implications

Birthdate May 28, 1988

If David Perron was bought out prior to the 2019-2020 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 $7,500,000
Remaining base salary
($11,250,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,250,000
(Total buyout cost/6 years)

David Perron projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$11,250,000
$4,750,000 $3,087,500 $3,412,500 $0 $0 $0
Original Cap Hit $4,000,000 $4,000,000 $4,000,000 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0
Contract Total Salary ($4,750,000) ($3,087,500) ($3,412,500) ($0) ($0) ($0)
Annual Buyout Cost $1,250,000 $1,250,000 $1,250,000 $1,250,000 $1,250,000 $1,250,000
ACTUAL CAP HIT St. Louis Blues logo $500,000 $2,162,500 $1,837,500 $1,250,000 $1,250,000 $1,250,000
Savings $3,500,000 $1,837,500 $2,162,500 $-1,250,000 $-1,250,000 $-1,250,000

Active Contract

Signing Team
Signing Date July 1, 2018
Signing Status UFA
Agent Allan Walsh
Standard Contract | 4 Years $16,000,000 4.91% of cap space
2018-2019 2019-2020 2020-2021 2021-2022
Cap Hit $4,000,000 $4,000,000 $4,000,000 $4,000,000
UFA
AAV $4,000,000 $4,000,000 $4,000,000 $4,000,000
Performance Bonuses $0 $0 $0 $0
Base Salary $4,750,000 $4,750,000 $3,087,500 $3,412,500
Signing Bonuses $0 $0 $0 $0
Total Salary $4,750,000 $4,750,000 $3,087,500 $3,412,500
Minors Salary $4,750,000 $4,750,000 $3,087,500 $3,412,500
Clauses M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out
5 Team No Trade List