Ivan Provorov buyout calculator, cap hit impact
Ivan Provorov Buyout Cap Implications
Birthdate January 13, 1997
If Ivan Provorov 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 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 $4,958,333
Remaining base salary
($14,875,000 * 33% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $826,389
(Total buyout cost/6 years)
Ivan Provorov projected buyout 2022-2023 season
2022-2023
2023-2024
2024-2025
2025-2026
2026-2027
2027-2028
Remaining Base Salary
$14,875,000
$2,750,000
$5,500,000
$6,625,000
$0
$0
$0
Original Cap Hit
$6,750,000
$6,750,000
$6,750,000
$0
$0
$0
Contract Signing Bonus
$2,000,000
$3,000,000
$2,000,000
$0
$0
$0
Contract Total Salary
($4,750,000)
($8,500,000)
($8,625,000)
($0)
($0)
($0)
Annual Buyout Cost
$826,389
$826,389
$826,389
$826,389
$826,389
$826,389
ACTUAL CAP HIT 
$4,826,389
$2,076,389
$951,389
$826,389
$826,389
$826,389
Savings
$1,923,611
$4,673,611
$5,798,611
$-826,389
$-826,389
$-826,389
Birthdate January 13, 1997
If Ivan Provorov 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 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 $4,958,333
Remaining base salary
($14,875,000 * 33% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $826,389
(Total buyout cost/6 years)
Ivan Provorov projected buyout 2022-2023 season
| 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | |
|---|---|---|---|---|---|---|
| Remaining Base Salary $14,875,000 |
$2,750,000 | $5,500,000 | $6,625,000 | $0 | $0 | $0 |
| Original Cap Hit | $6,750,000 | $6,750,000 | $6,750,000 | $0 | $0 | $0 |
| Contract Signing Bonus | $2,000,000 | $3,000,000 | $2,000,000 | $0 | $0 | $0 |
| Contract Total Salary | ($4,750,000) | ($8,500,000) | ($8,625,000) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $826,389 | $826,389 | $826,389 | $826,389 | $826,389 | $826,389 |
| ACTUAL CAP HIT
|
$4,826,389 | $2,076,389 | $951,389 | $826,389 | $826,389 | $826,389 |
| Savings | $1,923,611 | $4,673,611 | $5,798,611 | $-826,389 | $-826,389 | $-826,389 |
Active Contract
Standard Contract | 6 Years $40,500,000 8.08% of cap space
| 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | ||
|---|---|---|---|---|---|---|---|
| Cap Hit | $6,750,000 | $6,750,000 | $6,750,000 | $6,750,000 | $6,750,000 | $6,750,000 | UFA |
| AAV | $6,750,000 | $6,750,000 | $6,750,000 | $6,750,000 | $6,750,000 | $6,750,000 | |
| Performance Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | |
| Base Salary | $6,750,000 | $2,750,000 | $4,125,000 | $2,750,000 | $5,500,000 | $6,625,000 | |
| Signing Bonuses | $0 | $2,000,000 | $3,000,000 | $2,000,000 | $3,000,000 | $2,000,000 | |
| Total Salary | $6,750,000 | $4,750,000 | $7,125,000 | $4,750,000 | $8,500,000 | $8,625,000 | |
| Minors Salary | $6,750,000 | $4,750,000 | $7,125,000 | $4,750,000 | $8,500,000 | $8,625,000 | |
| Clauses | |||||||
| UFA Year | |||||||
| Buy It Out | Buy It Out | ||||||