Emilio Pettersen buyout calculator, cap hit impact

Emilio Pettersen Buyout Cap Implications

Birthdate April 3, 2000

If Emilio Pettersen was bought out prior to the 2021-2022 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 21 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 $544,167
Remaining base salary
($1,632,500 * 33% buyout multiplier)
.

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

Annual buyout cost of $136,042
(Total buyout cost/4 years)

Emilio Pettersen projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$1,632,500
$800,000 $832,500 $0 $0
Original Cap Hit $903,333 $903,333 $0 $0
Contract Signing Bonus $92,500 $92,500 $0 $0
Contract Total Salary ($892,500) ($925,000) ($0) ($0)
Annual Buyout Cost $136,042 $136,042 $136,042 $136,042
ACTUAL CAP HIT Calgary Flames logo $239,375 $206,875 $136,042 $136,042
Savings $663,958 $696,458 $-136,042 $-136,042

Active Contract

Signing Team
Signing Date April 27, 2020
Agent Shawn Hunwick
Entry Level Contract | 3 Years $2,709,999 1.11% of cap space
2020-2021 2021-2022 2022-2023
Cap Hit $903,333 $903,333 $903,333
RFA
AAV $925,000 $925,000 $925,000
Performance Bonuses $32,500 $32,500 $0
Base Salary $800,000 $800,000 $832,500
Signing Bonuses $92,500 $92,500 $92,500
Total Salary $892,500 $892,500 $925,000
Minors Salary $70,000 $70,000 $70,000
Clauses
UFA Year
Buy It Out Buy It Out