Jake DeBrusk buyout calculator, cap hit impact

Jake DeBrusk Buyout Cap Implications

Birthdate October 17, 1996

If Jake DeBrusk was bought out prior to the 2021-2022 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 24 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 $1,616,667
Remaining base salary
($4,850,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $808,333
(Total buyout cost/2 years)

Jake DeBrusk projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$4,850,000
$4,850,000 $0
Original Cap Hit $3,675,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($4,850,000) ($0)
Annual Buyout Cost $808,333 $808,333
ACTUAL CAP HIT Boston Bruins logo $-366,667 $808,333
Savings $4,041,667 $-808,333

Active Contract

Signing Team
Signing Date November 23, 2020
Signing Status RFA
Agent Rick Valette
Standard Contract | 2 Years $7,350,000 4.51% of cap space
2020-2021 2021-2022
Cap Hit $3,675,000 $3,675,000
RFA
AAV $3,675,000 $3,675,000
Performance Bonuses $0 $0
Base Salary $2,500,000 $4,850,000
Signing Bonuses $0 $0
Total Salary $2,500,000 $4,850,000
Minors Salary $2,500,000 $4,850,000
Clauses
UFA Year
Buy It Out