Ivan Barbashev buyout calculator, cap hit impact

Ivan Barbashev Buyout Cap Implications

Birthdate December 14, 1995

If Ivan Barbashev 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 25 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 $1,500,000
Remaining base salary
($4,500,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $375,000
(Total buyout cost/4 years)

Ivan Barbashev projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$4,500,000
$1,900,000 $2,600,000 $0 $0
Original Cap Hit $2,250,000 $2,250,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($1,900,000) ($2,600,000) ($0) ($0)
Annual Buyout Cost $375,000 $375,000 $375,000 $375,000
ACTUAL CAP HIT St. Louis Blues logo $725,000 $25,000 $375,000 $375,000
Savings $1,525,000 $2,225,000 $-375,000 $-375,000

Active Contract

Signing Team
Signing Date July 30, 2021
Signing Status RFA
Agent Daniel Milstein
Standard Contract | 2 Years $4,500,000 2.76% of cap space
2021-2022 2022-2023
Cap Hit $2,250,000 $2,250,000
UFA
AAV $2,250,000 $2,250,000
Performance Bonuses $0 $0
Base Salary $1,900,000 $2,600,000
Signing Bonuses $0 $0
Total Salary $1,900,000 $2,600,000
Minors Salary $1,900,000 $2,600,000
Clauses
UFA Year
Buy It Out Buy It Out