Elias Lindholm buyout calculator, cap hit impact

Elias Lindholm Buyout Cap Implications

Birthdate December 2, 1994

If Elias Lindholm 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 28 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 $3,233,333
Remaining base salary
($4,850,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,616,667
(Total buyout cost/2 years)

Elias Lindholm projected buyout 2023-2024 season
2023-2024 2024-2025
Remaining Base Salary
$4,850,000
$4,850,000 $0
Original Cap Hit $4,850,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($4,850,000) ($0)
Annual Buyout Cost $1,616,667 $1,616,667
ACTUAL CAP HIT Calgary Flames logo $1,616,667 $1,616,667
Savings $3,233,333 $-1,616,667

Active Contract

Signing Team
Signing Date July 16, 2018
Signing Status RFA
Agent Peter Wallen
View Player Profile
Potential Lockout Year
Standard Contract | 6 Years $29,100,000 5.95% of cap space
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024
Cap Hit $4,850,000 $4,850,000 $4,850,000 $4,850,000 $4,850,000 $4,850,000
UFA
AAV $4,850,000 $4,850,000 $4,850,000 $4,850,000 $4,850,000 $4,850,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $4,850,000 $5,850,000 $3,850,000 $5,850,000 $3,850,000 $4,850,000
Signing Bonuses $0 $0 $0 $0 $0 $0
Total Salary $4,850,000 $5,850,000 $3,850,000 $5,850,000 $3,850,000 $4,850,000
Minors Salary $4,850,000 $5,850,000 $3,850,000 $5,850,000 $3,850,000 $4,850,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out