Dylan Sikura buyout calculator, cap hit impact

Dylan Sikura Buyout Cap Implications

Birthdate June 1, 1995

If Dylan Sikura 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 23 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 $500,000
Remaining base salary
($1,500,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $125,000
(Total buyout cost/4 years)

Dylan Sikura projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023
Remaining Base Salary
$1,500,000
$700,000 $800,000 $0 $0
Original Cap Hit $750,000 $750,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($700,000) ($800,000) ($0) ($0)
Annual Buyout Cost $125,000 $125,000 $125,000 $125,000
ACTUAL CAP HIT Chicago Blackhawks logo $175,000 $75,000 $125,000 $125,000
Savings $575,000 $675,000 $-125,000 $-125,000

Active Contract

Signing Team
Signing Date June 28, 2019
Signing Status RFA
Agent Marc Levine
Standard Contract | 2 Years $1,500,000 0.92% of cap space
2019-2020 2020-2021
Cap Hit $750,000 $750,000
RFA
AAV $750,000 $750,000
Performance Bonuses $0 $0
Base Salary $700,000 $800,000
Signing Bonuses $0 $0
Total Salary $700,000 $800,000
Minors Salary $250,000 $800,000
Clauses
UFA Year
Buy It Out