Isaac Ratcliffe buyout calculator, cap hit impact

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Isaac Ratcliffe Buyout Cap Implications

Birthdate February 15, 1999

If Isaac Ratcliffe was bought out prior to the 2021-2022 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 $271,250
Remaining base salary
($813,750 * 33% buyout multiplier)
.

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

Annual buyout cost of $135,625
(Total buyout cost/2 years)

Isaac Ratcliffe projected buyout 2021-2022 season
2022-2023 2023-2024
Remaining Base Salary
$813,750
$813,750 $0
Original Cap Hit $813,750 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($813,750) ($0)
Annual Buyout Cost $135,625 $135,625
ACTUAL CAP HIT Philadelphia Flyers logo $135,625 $135,625
Savings $678,125 $-135,625

Active Contract

Signing Team Philadelphia Flyers logo
Signing Date July 19, 2022
Signing Status RFA
Agent Darren Ferris
Standard Contract | 1 Years $813,750 0.99% of cap space
2022-2023
Cap Hit $813,750
RFA
AAV $813,750
Performance Bonuses $0
Base Salary $813,750
Signing Bonuses $0
Total Salary $813,750
Minors Salary $70,000
Clauses
UFA Year
Buy It Out