Evan Nause buyout calculator, cap hit impact

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Evan Nause Buyout Cap Implications

Birthdate January 20, 2003

If Evan Nause 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 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)

Evan Nause projected buyout 2024-2025 season
2024-2025 2025-2026 2026-2027 2027-2028
Remaining Base Salary
$1,632,500
$800,000 $832,500 $0 $0
Original Cap Hit $864,167 $864,167 $0 $0
Contract Signing Bonus $92,500 $0 $0 $0
Contract Total Salary ($892,500) ($832,500) ($0) ($0)
Annual Buyout Cost $136,042 $136,042 $136,042 $136,042
ACTUAL CAP HIT Florida Panthers logo $200,209 $167,709 $136,042 $136,042
Savings $663,958 $696,458 $-136,042 $-136,042

Active Contract

Signing Team Florida Panthers logo
Signing Date July 16, 2022
Agent Ian Pulver
Entry Level Slide Eligible
Entry Level Contract | 3 Years $2,592,501 1.07% of cap space
2022-2023 2023-2024 2024-2025 2025-2026
Cap Hit $886,667 $864,167 $864,167 $864,167
RFA
AAV $925,000 $894,167 $894,167 $894,167
Performance Bonuses $0 $57,500 $32,500 $0
Base Salary $0 $775,000 $800,000 $832,500
Signing Bonuses $92,500 $92,500 $92,500 $0
Total Salary $92,500 $867,500 $892,500 $832,500
Minors Salary $0 $80,000 $80,000 $80,000
Clauses
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out