Erik Karlsson buyout calculator, cap hit impact
Erik Karlsson Buyout Cap Implications
Birthdate May 31, 1990
If Erik Karlsson was bought out prior to the 2024-2025 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 34 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 $10,333,333
Remaining base salary
($15,500,000 * 67% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $1,722,222
(Total buyout cost/6 years)
Erik Karlsson projected buyout 2024-2025 season
2024-2025
2025-2026
2026-2027
2027-2028
2028-2029
2029-2030
Remaining Base Salary
$15,500,000
$10,000,000
$4,000,000
$1,500,000
$0
$0
$0
Original Cap Hit
$11,500,000
$11,500,000
$11,500,000
$0
$0
$0
Contract Signing Bonus
$1,000,000
$5,000,000
$6,000,000
$0
$0
$0
Contract Total Salary
($11,000,000)
($9,000,000)
($7,500,000)
($0)
($0)
($0)
Annual Buyout Cost
$1,722,222
$1,722,222
$1,722,222
$1,722,222
$1,722,222
$1,722,222
ACTUAL CAP HIT 
$3,222,222
$9,222,222
$11,722,222
$1,722,222
$1,722,222
$1,722,222
Savings
$8,277,778
$2,277,778
$-222,222
$-1,722,222
$-1,722,222
$-1,722,222
Birthdate May 31, 1990
If Erik Karlsson was bought out prior to the 2024-2025 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 34 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 $10,333,333
Remaining base salary
($15,500,000 * 67% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $1,722,222
(Total buyout cost/6 years)
Erik Karlsson projected buyout 2024-2025 season
| 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | 2028-2029 | 2029-2030 | |
|---|---|---|---|---|---|---|
| Remaining Base Salary $15,500,000 |
$10,000,000 | $4,000,000 | $1,500,000 | $0 | $0 | $0 |
| Original Cap Hit | $11,500,000 | $11,500,000 | $11,500,000 | $0 | $0 | $0 |
| Contract Signing Bonus | $1,000,000 | $5,000,000 | $6,000,000 | $0 | $0 | $0 |
| Contract Total Salary | ($11,000,000) | ($9,000,000) | ($7,500,000) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $1,722,222 | $1,722,222 | $1,722,222 | $1,722,222 | $1,722,222 | $1,722,222 |
| ACTUAL CAP HIT
|
$3,222,222 | $9,222,222 | $11,722,222 | $1,722,222 | $1,722,222 | $1,722,222 |
| Savings | $8,277,778 | $2,277,778 | $-222,222 | $-1,722,222 | $-1,722,222 | $-1,722,222 |
Active Contract
Standard Contract | 8 Years $92,000,000 13.77% of cap space
| 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Cap Hit | $11,500,000 | $11,500,000 | $11,500,000 | $11,500,000 | $11,500,000 | $11,500,000 | $11,500,000 | $11,500,000 | UFA |
| AAV | $11,500,000 | $11,500,000 | $11,500,000 | $11,500,000 | $11,500,000 | $11,500,000 | $11,500,000 | $11,500,000 | |
| Performance Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Base Salary | $3,500,000 | $2,000,000 | $5,500,000 | $2,000,000 | $10,500,000 | $10,000,000 | $4,000,000 | $1,500,000 | |
| Signing Bonuses | $11,000,000 | $10,000,000 | $9,000,000 | $10,000,000 | $1,000,000 | $1,000,000 | $5,000,000 | $6,000,000 | |
| Total Salary | $14,500,000 | $12,000,000 | $14,500,000 | $12,000,000 | $11,500,000 | $11,000,000 | $9,000,000 | $7,500,000 | |
| Minors Salary | $14,500,000 | $12,000,000 | $14,500,000 | $12,000,000 | $11,500,000 | $11,000,000 | $9,000,000 | $7,500,000 | |
| Clauses | NMC | NMC | NMC | NMC | NMC | NMC | NMC | NMC | |
| UFA Year | |||||||||
| Buy It Out | Buy It Out | Buy It Out | Buy It Out | ||||||