Dmitry Kulikov buyout calculator, cap hit impact

Dmitry Kulikov Buyout Cap Implications

Birthdate October 29, 1990

If Dmitry Kulikov was bought out prior to the 2020-2021 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 29 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 $766,667
Remaining base salary
($1,150,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $383,333
(Total buyout cost/2 years)

Dmitry Kulikov projected buyout 2020-2021 season
2020-2021 2021-2022
Remaining Base Salary
$1,150,000
$1,150,000 $0
Original Cap Hit $1,150,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($1,150,000) ($0)
Annual Buyout Cost $383,333 $383,333
ACTUAL CAP HIT New Jersey Devils logo $383,333 $383,333
Savings $766,667 $-383,333

Active Contract

Signing Team
Signing Date October 22, 2020
Signing Status UFA
Agent Michael Brogdan
Standard Contract | 1 Years $1,150,000 1.41% of cap space
2020-2021
Cap Hit $1,150,000
UFA
AAV $1,150,000
Performance Bonuses $0
Base Salary $1,150,000
Signing Bonuses $0
Total Salary $1,150,000
Minors Salary $1,150,000
Clauses
UFA Year
Buy It Out