Gustav Lindstrom buyout calculator, cap hit impact

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Gustav Lindstrom Buyout Cap Implications

Birthdate October 20, 1998

If Gustav Lindstrom was bought out prior to the 2022-2023 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 $316,667
Remaining base salary
($950,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $158,333
(Total buyout cost/2 years)

Gustav Lindstrom projected buyout 2022-2023 season
2022-2023 2023-2024
Remaining Base Salary
$950,000
$950,000 $0
Original Cap Hit $850,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($950,000) ($0)
Annual Buyout Cost $158,333 $158,333
ACTUAL CAP HIT Detroit Red Wings logo $58,333 $158,333
Savings $791,667 $-158,333

Active Contract

Signing Team Detroit Red Wings logo
Signing Date July 26, 2021
Signing Status RFA
Agent Craig Oster
Standard Contract | 2 Years $1,700,000 1.03% of cap space
2021-2022 2022-2023
Cap Hit $850,000 $850,000
RFA
AAV $850,000 $850,000
Performance Bonuses $0 $0
Base Salary $750,000 $950,000
Signing Bonuses $0 $0
Total Salary $750,000 $950,000
Minors Salary $750,000 $950,000
Clauses
UFA Year
Buy It Out