Jakub Voracek buyout calculator, cap hit impact

Jakub Voracek Buyout Cap Implications

Birthdate August 15, 1989

If Jakub Voracek 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 33 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 $5,000,000
Remaining base salary
($7,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $2,500,000
(Total buyout cost/2 years)

Jakub Voracek projected buyout 2023-2024 season
2023-2024 2024-2025
Remaining Base Salary
$7,500,000
$7,500,000 $0
Original Cap Hit $8,250,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($7,500,000) ($0)
Annual Buyout Cost $2,500,000 $2,500,000
ACTUAL CAP HIT Arizona Coyotes logo $3,250,000 $2,500,000
Savings $5,000,000 $-2,500,000

Active Contract

Signing Team Philadelphia Flyers logo
Signing Date July 30, 2015
Signing Status UFA
Standard Contract | 8 Years $66,000,000 9.88% of cap space
2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024
Cap Hit $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000
UFA
AAV $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $6,000,000 $6,000,000 $7,250,000 $7,250,000 $2,250,000 $7,500,000 $1,250,000 $7,500,000
Signing Bonuses $4,000,000 $4,000,000 $2,000,000 $2,000,000 $4,000,000 $0 $5,000,000 $0
Total Salary $10,000,000 $10,000,000 $9,250,000 $9,250,000 $6,250,000 $7,500,000 $6,250,000 $7,500,000
Minors Salary $10,000,000 $10,000,000 $9,250,000 $9,250,000 $6,250,000 $7,500,000 $6,250,000 $7,500,000
Clauses
UFA Year
Buy It Out