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 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 26 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 $8,083,333
Remaining base salary
($12,125,000 * 67% buyout multiplier).
2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)
Annual buyout cost of $2,020,833
(Total buyout cost/4 years)
This contract has retained salary from a previous trade. The buyout costs, and savings are split between the teams as shown below
Ivan Provorov projected buyout 2023-2024 season
2023-2024
2024-2025
2025-2026
2026-2027
Remaining Base Salary
$12,125,000
$5,500,000
$6,625,000
$0
$0
Original Cap Hit
$6,750,000
$6,750,000
$0
$0
Contract Signing Bonus
$3,000,000
$2,000,000
$0
$0
Contract Total Salary
($8,500,000)
($8,625,000)
($0)
($0)
Annual Buyout Cost
$2,020,833
$2,020,833
$2,020,833
$2,020,833
ACTUAL CAP HIT 
$2,289,583
$1,502,083
$1,414,583
$1,414,583
Savings
$2,435,417
$3,222,917
$-1,414,583
$-1,414,583
ACTUAL CAP HIT 
$981,250
$643,750
$606,250
$606,250
Savings
$1,043,750
$1,381,250
$-606,250
$-606,250
Birthdate January 13, 1997
If Ivan Provorov 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 26 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 $8,083,333
Remaining base salary
($12,125,000 * 67% buyout multiplier).
2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)
Annual buyout cost of $2,020,833
(Total buyout cost/4 years)
This contract has retained salary from a previous trade. The buyout costs, and savings are split between the teams as shown below
Ivan Provorov projected buyout 2023-2024 season
| 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | |
|---|---|---|---|---|
| Remaining Base Salary $12,125,000 |
$5,500,000 | $6,625,000 | $0 | $0 |
| Original Cap Hit | $6,750,000 | $6,750,000 | $0 | $0 |
| Contract Signing Bonus | $3,000,000 | $2,000,000 | $0 | $0 |
| Contract Total Salary | ($8,500,000) | ($8,625,000) | ($0) | ($0) |
| Annual Buyout Cost | $2,020,833 | $2,020,833 | $2,020,833 | $2,020,833 |
| ACTUAL CAP HIT
|
$2,289,583 | $1,502,083 | $1,414,583 | $1,414,583 |
| Savings | $2,435,417 | $3,222,917 | $-1,414,583 | $-1,414,583 |
| ACTUAL CAP HIT
|
$981,250 | $643,750 | $606,250 | $606,250 |
| Savings | $1,043,750 | $1,381,250 | $-606,250 | $-606,250 |
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 | ||||||
|
* Retained 30% of contract was retained by Los Angeles Kings in trade to Columbus Blue Jackets |
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