Dominik Kubalik buyout calculator, cap hit impact

Dominik Kubalik Buyout Cap Implications

Birthdate August 21, 1995

If Dominik Kubalik 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 27 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 $1,666,667
Remaining base salary
($2,500,000 * 67% buyout multiplier)
.

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

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

Dominik Kubalik projected buyout 2023-2024 season
2023-2024 2024-2025
Remaining Base Salary
$2,500,000
$2,500,000 $0
Original Cap Hit $2,500,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($2,500,000) ($0)
Annual Buyout Cost $833,333 $833,333
ACTUAL CAP HIT Ottawa Senators logo $833,333 $833,333
Savings $1,666,667 $-833,333

Active Contract

Signing Team Detroit Red Wings logo
Signing Date July 13, 2022
Signing Status UFA no QO
Agent Jiri Hamal
Standard Contract | 2 Years $5,000,000 2.99% of cap space
2022-2023 2023-2024
Cap Hit $2,500,000 $2,500,000
UFA
AAV $2,500,000 $2,500,000
Performance Bonuses $0 $0
Base Salary $2,500,000 $2,500,000
Signing Bonuses $0 $0
Total Salary $2,500,000 $2,500,000
Minors Salary $2,500,000 $2,500,000
Clauses
UFA Year
Buy It Out