Drake Batherson buyout calculator, cap hit impact

Northstar Bets Northstar Bets

Drake Batherson Buyout Cap Implications

Birthdate April 27, 1998

If Drake Batherson 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 25 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 $7,950,000
Remaining base salary
($23,850,000 * 33% buyout multiplier)
.

4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)

Annual buyout cost of $993,750
(Total buyout cost/8 years)

Drake Batherson projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031
Remaining Base Salary
$23,850,000
$5,400,000 $5,400,000 $6,500,000 $6,550,000 $0 $0 $0 $0
Original Cap Hit $4,975,000 $4,975,000 $4,975,000 $4,975,000 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($5,400,000) ($5,400,000) ($6,500,000) ($6,550,000) ($0) ($0) ($0) ($0)
Annual Buyout Cost $993,750 $993,750 $993,750 $993,750 $993,750 $993,750 $993,750 $993,750
ACTUAL CAP HIT Ottawa Senators logo $568,750 $568,750 $-531,250 $-581,250 $993,750 $993,750 $993,750 $993,750
Savings $4,406,250 $4,406,250 $5,506,250 $5,556,250 $-993,750 $-993,750 $-993,750 $-993,750

Active Contract

Signing Team Ottawa Senators logo
Signing Date September 3, 2021
Signing Status RFA
Agent Paul Capizzano
View Player Profile
Potential Lockout Year
Standard Contract | 6 Years $29,850,000 6.03% of cap space
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Cap Hit $4,975,000 $4,975,000 $4,975,000 $4,975,000 $4,975,000 $4,975,000
UFA
AAV $4,975,000 $4,975,000 $4,975,000 $4,975,000 $4,975,000 $4,975,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $2,500,000 $3,500,000 $5,400,000 $5,400,000 $6,500,000 $6,550,000
Signing Bonuses $0 $0 $0 $0 $0 $0
Total Salary $2,500,000 $3,500,000 $5,400,000 $5,400,000 $6,500,000 $6,550,000
Minors Salary $2,500,000 $3,500,000 $5,400,000 $5,400,000 $6,500,000 $6,550,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out