Jacob De La Rose buyout calculator, cap hit impact

Jacob De La Rose Buyout Cap Implications

Birthdate May 20, 1995

If Jacob De La Rose was bought out prior to the 2019-2020 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 $233,333
Remaining base salary
($700,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $116,667
(Total buyout cost/2 years)

Jacob De La Rose projected buyout 2019-2020 season
2020-2021 2021-2022
Remaining Base Salary
$700,000
$700,000 $0
Original Cap Hit $700,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($700,000) ($0)
Annual Buyout Cost $116,667 $116,667
ACTUAL CAP HIT St. Louis Blues logo $116,667 $116,667
Savings $583,333 $-116,667

Active Contract

Signing Team
Signing Date September 10, 2020
Signing Status RFA
Agent Gerry Johannson
Standard Contract | 1 Years $700,000 0.86% of cap space
2020-2021
Cap Hit $700,000
RFA
AAV $700,000
Performance Bonuses $0
Base Salary $700,000
Signing Bonuses $0
Total Salary $700,000
Minors Salary $700,000
Clauses
UFA Year
Buy It Out