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 2022-2023 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 27 years old at the buyout giving him a 67% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost would be $14,000,000
Remaining base salary
($21,000,000 * 67% buyout multiplier)
.

5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)

Annual buyout cost of $1,400,000
(Total buyout cost/10 years)

Ivan Barbashev projected buyout 2022-2023 season
2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031 2031-2032 2032-2033
Remaining Base Salary
$21,000,000
$3,000,000 $5,400,000 $4,200,000 $4,200,000 $4,200,000 $0 $0 $0 $0 $0
Original Cap Hit $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $0 $0 $0 $0 $0
Contract Signing Bonus $4,000,000 $0 $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($7,000,000) ($5,400,000) ($4,200,000) ($4,200,000) ($4,200,000) ($0) ($0) ($0) ($0) ($0)
Annual Buyout Cost $1,400,000 $1,400,000 $1,400,000 $1,400,000 $1,400,000 $1,400,000 $1,400,000 $1,400,000 $1,400,000 $1,400,000
ACTUAL CAP HIT Vegas Golden Knights logo $3,400,000 $1,000,000 $2,200,000 $2,200,000 $2,200,000 $1,400,000 $1,400,000 $1,400,000 $1,400,000 $1,400,000
Savings $1,600,000 $4,000,000 $2,800,000 $2,800,000 $2,800,000 $-1,400,000 $-1,400,000 $-1,400,000 $-1,400,000 $-1,400,000

Active Contract

Signing Team Vegas Golden Knights logo
Signing Date June 28, 2023
Signing Status UFA
Agent Daniel Milstein
View Player Profile
Potential Lockout Year
Standard Contract | 5 Years $25,000,000 5.99% of cap space
2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Cap Hit $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000
UFA
AAV $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000
Performance Bonuses $0 $0 $0 $0 $0
Base Salary $3,000,000 $5,400,000 $4,200,000 $4,200,000 $4,200,000
Signing Bonuses $4,000,000 $0 $0 $0 $0
Total Salary $7,000,000 $5,400,000 $4,200,000 $4,200,000 $4,200,000
Minors Salary $7,000,000 $5,400,000 $4,200,000 $4,200,000 $4,200,000
Clauses M-NTC M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
Yr 1-3: 8 Team No Trade List; Yr 4-5: 5 Team No Trade List