Henrik Borgstrom buyout calculator, cap hit impact

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Henrik Borgstrom Buyout Cap Implications

Birthdate August 6, 1997

Henrik Borgstrom was bought by Chicago Blackhawks logo 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 was 24 years old at the buyout giving him a 33% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost was $366,667
Remaining base salary
($1,100,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $183,333
(Total buyout cost/2 years)

Henrik Borgstrom buyout details 2022-2023 season
2022-2023 2023-2024
Remaining Base Salary
$1,100,000
$1,100,000 $0
Original Cap Hit $1,000,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($1,100,000) ($0)
Annual Buyout Cost $183,333 $183,333
ACTUAL CAP HIT Chicago Blackhawks logo $83,333 $183,333
Savings $916,667 $-183,333

Active Contract

Signing Team Washington Capitals logo
Signing Date July 13, 2022
Signing Status RFA
Agent Markus Lehto
Standard Contract | 1 Years $750,000 0.91% of cap space
2022-2023
Cap Hit $750,000
RFA
AAV $750,000
Performance Bonuses $0
Base Salary $750,000
Signing Bonuses $0
Total Salary $750,000
Minors Salary $400,000
Clauses
UFA Year
Buy It Out