David Tendeck buyout calculator, cap hit impact

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David Tendeck Buyout Cap Implications

Birthdate November 25, 1999

If David Tendeck 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 22 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 $250,000
Remaining base salary
($750,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $125,000
(Total buyout cost/2 years)

David Tendeck projected buyout 2022-2023 season
2022-2023 2023-2024
Remaining Base Salary
$750,000
$750,000 $0
Original Cap Hit $783,333 $0
Contract Signing Bonus $50,000 $0
Contract Total Salary ($800,000) ($0)
Annual Buyout Cost $125,000 $125,000
ACTUAL CAP HIT Arizona Coyotes logo $158,333 $125,000
Savings $625,000 $-125,000

Active Contract

Signing Team Arizona Coyotes logo
Signing Date April 6, 2020
Agent Kevin Epp
Entry Level Contract | 3 Years $2,349,999 0.95% of cap space
2020-2021 2021-2022 2022-2023
Cap Hit $783,333 $783,333 $783,333
RFA
AAV $783,333 $783,333 $783,333
Performance Bonuses $0 $0 $0
Base Salary $700,000 $750,000 $750,000
Signing Bonuses $50,000 $50,000 $50,000
Total Salary $750,000 $800,000 $800,000
Minors Salary $70,000 $70,000 $70,000
Clauses
UFA Year
Buy It Out