Jack Studnicka buyout calculator, cap hit impact

Jack Studnicka Buyout Cap Implications

Birthdate February 18, 1999

If Jack Studnicka was bought out prior to the 2020-2021 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 21 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 $500,000
Remaining base salary
($1,500,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $125,000
(Total buyout cost/4 years)

Jack Studnicka projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024
Remaining Base Salary
$1,500,000
$725,000 $775,000 $0 $0
Original Cap Hit $769,167 $769,167 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($725,000) ($775,000) ($0) ($0)
Annual Buyout Cost $125,000 $125,000 $125,000 $125,000
ACTUAL CAP HIT Boston Bruins logo $169,167 $119,167 $125,000 $125,000
Savings $600,000 $650,000 $-125,000 $-125,000

Active Contract

Signing Team
Signing Date September 26, 2017
Agent Darren Ferris
Entry Level Contract | 4 Years $2,307,501 1.02% of cap space
2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
Cap Hit $830,833 $800,000 $769,167 $769,167 $769,167
RFA
AAV $925,000 $800,000 $863,333 $863,333 $863,333
Performance Bonuses $0 $0 $117,500 $107,500 $57,500
Base Salary $0 $0 $715,000 $725,000 $775,000
Signing Bonuses $92,500 $92,500 $92,500 $0 $0
Total Salary $0 $92,500 $807,500 $725,000 $775,000
Minors Salary $0 $0 $70,000 $70,000 $70,000
Clauses
ENTRY-LEVEL SLIDE
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out Buy It Out