Jaden Schwartz buyout calculator, cap hit impact
Jaden Schwartz Buyout Cap Implications
Birthdate June 25, 1992
If Jaden Schwartz 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 30 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 $15,666,667
Remaining base salary
($23,500,000 * 67% buyout multiplier).
4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)
Annual buyout cost of $1,958,333
(Total buyout cost/8 years)
Jaden Schwartz projected buyout 2022-2023 season
2022-2023
2023-2024
2024-2025
2025-2026
2026-2027
2027-2028
2028-2029
2029-2030
Remaining Base Salary
$23,500,000
$6,000,000
$7,000,000
$6,000,000
$4,500,000
$0
$0
$0
$0
Original Cap Hit
$5,500,000
$5,500,000
$5,500,000
$5,500,000
$0
$0
$0
$0
Contract Signing Bonus
$0
$0
$0
$0
$0
$0
$0
$0
Contract Total Salary
($6,000,000)
($7,000,000)
($6,000,000)
($4,500,000)
($0)
($0)
($0)
($0)
Annual Buyout Cost
$1,958,333
$1,958,333
$1,958,333
$1,958,333
$1,958,333
$1,958,333
$1,958,333
$1,958,333
ACTUAL CAP HIT 
$1,458,333
$458,333
$1,458,333
$2,958,333
$1,958,333
$1,958,333
$1,958,333
$1,958,333
Savings
$4,041,667
$5,041,667
$4,041,667
$2,541,667
$-1,958,333
$-1,958,333
$-1,958,333
$-1,958,333
Birthdate June 25, 1992
If Jaden Schwartz 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 30 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 $15,666,667
Remaining base salary
($23,500,000 * 67% buyout multiplier).
4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)
Annual buyout cost of $1,958,333
(Total buyout cost/8 years)
Jaden Schwartz projected buyout 2022-2023 season
| 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | 2028-2029 | 2029-2030 | |
|---|---|---|---|---|---|---|---|---|
| Remaining Base Salary $23,500,000 |
$6,000,000 | $7,000,000 | $6,000,000 | $4,500,000 | $0 | $0 | $0 | $0 |
| Original Cap Hit | $5,500,000 | $5,500,000 | $5,500,000 | $5,500,000 | $0 | $0 | $0 | $0 |
| Contract Signing Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Contract Total Salary | ($6,000,000) | ($7,000,000) | ($6,000,000) | ($4,500,000) | ($0) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $1,958,333 | $1,958,333 | $1,958,333 | $1,958,333 | $1,958,333 | $1,958,333 | $1,958,333 | $1,958,333 |
| ACTUAL CAP HIT
|
$1,458,333 | $458,333 | $1,458,333 | $2,958,333 | $1,958,333 | $1,958,333 | $1,958,333 | $1,958,333 |
| Savings | $4,041,667 | $5,041,667 | $4,041,667 | $2,541,667 | $-1,958,333 | $-1,958,333 | $-1,958,333 | $-1,958,333 |
Active Contract
Standard Contract | 5 Years $27,500,000 6.59% of cap space
| 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | ||
|---|---|---|---|---|---|---|
| Cap Hit | $5,500,000 | $5,500,000 | $5,500,000 | $5,500,000 | $5,500,000 | UFA |
| AAV | $5,500,000 | $5,500,000 | $5,500,000 | $5,500,000 | $5,500,000 | |
| Performance Bonuses | $0 | $0 | $0 | $0 | $0 | |
| Base Salary | $4,000,000 | $6,000,000 | $7,000,000 | $6,000,000 | $4,500,000 | |
| Signing Bonuses | $0 | $0 | $0 | $0 | $0 | |
| Total Salary | $4,000,000 | $6,000,000 | $7,000,000 | $6,000,000 | $4,500,000 | |
| Minors Salary | $4,000,000 | $6,000,000 | $7,000,000 | $6,000,000 | $4,500,000 | |
| Clauses | NMC | NMC | NMC | M-NTC | M-NTC | |
| UFA Year | ||||||
| Buy It Out | Buy It Out | Buy It Out | ||||
| No Move Clause – 2021-22, 2022-23 and 2023-24; Modified No Trade Clause – 2024-25 and 2025-26 | ||||||