Ian Scott buyout calculator, cap hit impact
Ian Scott Buyout Cap Implications
Birthdate January 11, 1999
If Ian Scott was bought out prior to the 2019-2020 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 20 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 $744,167
Remaining base salary
($2,232,500 * 33% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $124,028
(Total buyout cost/6 years)
Ian Scott projected buyout 2019-2020 season
2019-2020
2020-2021
2021-2022
2022-2023
2023-2024
2024-2025
Remaining Base Salary
$2,232,500
$700,000
$700,000
$832,500
$0
$0
$0
Original Cap Hit
$805,834
$805,834
$805,834
$0
$0
$0
Contract Signing Bonus
$92,500
$92,500
$0
$0
$0
$0
Contract Total Salary
($792,500)
($792,500)
($832,500)
($0)
($0)
($0)
Annual Buyout Cost
$124,028
$124,028
$124,028
$124,028
$124,028
$124,028
ACTUAL CAP HIT 
$229,862
$229,862
$97,362
$124,028
$124,028
$124,028
Savings
$575,972
$575,972
$708,472
$-124,028
$-124,028
$-124,028
Birthdate January 11, 1999
If Ian Scott was bought out prior to the 2019-2020 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 20 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 $744,167
Remaining base salary
($2,232,500 * 33% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $124,028
(Total buyout cost/6 years)
Ian Scott projected buyout 2019-2020 season
| 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | |
|---|---|---|---|---|---|---|
| Remaining Base Salary $2,232,500 |
$700,000 | $700,000 | $832,500 | $0 | $0 | $0 |
| Original Cap Hit | $805,834 | $805,834 | $805,834 | $0 | $0 | $0 |
| Contract Signing Bonus | $92,500 | $92,500 | $0 | $0 | $0 | $0 |
| Contract Total Salary | ($792,500) | ($792,500) | ($832,500) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $124,028 | $124,028 | $124,028 | $124,028 | $124,028 | $124,028 |
| ACTUAL CAP HIT
|
$229,862 | $229,862 | $97,362 | $124,028 | $124,028 | $124,028 |
| Savings | $575,972 | $575,972 | $708,472 | $-124,028 | $-124,028 | $-124,028 |
Active Contract
Entry Level Contract | 3 Years $2,417,502 1.03% of cap space
| 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | ||
|---|---|---|---|---|---|
| Cap Hit | $836,667 | $805,834 | $805,834 | $805,834 | RFA |
| AAV | $941,667 | $910,834 | $910,834 | $910,834 | |
| Performance Bonuses | $0 | $182,500 | $132,500 | $0 | |
| Base Salary | $0 | $700,000 | $700,000 | $832,500 | |
| Signing Bonuses | $92,500 | $92,500 | $92,500 | $0 | |
| Total Salary | $92,500 | $792,500 | $792,500 | $832,500 | |
| Minors Salary | $0 | $70,000 | $70,000 | $70,000 | |
| Clauses | ENTRY-LEVEL SLIDE |
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| UFA Year | |||||
| Buy It Out | Buy It Out | Buy It Out | |||