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 2020-2021 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 $510,833
Remaining base salary
($1,532,500 * 33% buyout multiplier)
.

2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)

Annual buyout cost of $127,708
(Total buyout cost/4 years)

Ian Scott projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024
Remaining Base Salary
$1,532,500
$700,000 $832,500 $0 $0
Original Cap Hit $805,834 $805,834 $0 $0
Contract Signing Bonus $92,500 $0 $0 $0
Contract Total Salary ($792,500) ($832,500) ($0) ($0)
Annual Buyout Cost $127,708 $127,708 $127,708 $127,708
ACTUAL CAP HIT Toronto Maple Leafs logo $233,542 $101,042 $127,708 $127,708
Savings $572,292 $704,792 $-127,708 $-127,708

Active Contract

Signing Team
Signing Date December 14, 2018
Agent Craig Oster
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
UFA Year
Buy It Out Buy It Out Buy It Out