Isaiah Saville buyout calculator, cap hit impact

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Isaiah Saville Buyout Cap Implications

Birthdate September 21, 2000

If Isaiah Saville was bought out prior to the 2023-2024 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 22 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 $516,667
Remaining base salary
($1,550,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $129,167
(Total buyout cost/4 years)

Isaiah Saville projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027
Remaining Base Salary
$1,550,000
$775,000 $775,000 $0 $0
Original Cap Hit $849,667 $849,667 $0 $0
Contract Signing Bonus $83,000 $83,000 $0 $0
Contract Total Salary ($858,000) ($858,000) ($0) ($0)
Annual Buyout Cost $129,167 $129,167 $129,167 $129,167
ACTUAL CAP HIT Vegas Golden Knights logo $203,834 $203,834 $129,167 $129,167
Savings $645,833 $645,833 $-129,167 $-129,167

Active Contract

Signing Team Vegas Golden Knights logo
Signing Date March 18, 2022
Agent Scott Bartlett
Entry Level Contract | 3 Years $2,549,001 1.03% of cap space
2022-2023 2023-2024 2024-2025
Cap Hit $849,667 $849,667 $849,667
RFA
AAV $849,667 $849,667 $849,667
Performance Bonuses $0 $0 $0
Base Salary $750,000 $775,000 $775,000
Signing Bonuses $83,000 $83,000 $83,000
Total Salary $833,000 $858,000 $858,000
Minors Salary $70,000 $70,000 $70,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out