Jakub Vrana buyout calculator, cap hit impact

Jakub Vrana Buyout Cap Implications

Birthdate February 28, 1996

If Jakub Vrana 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 23 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 $1,900,000
Remaining base salary
($5,700,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $475,000
(Total buyout cost/4 years)

Jakub Vrana projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023
Remaining Base Salary
$5,700,000
$2,700,000 $3,000,000 $0 $0
Original Cap Hit $3,350,000 $3,350,000 $0 $0
Contract Signing Bonus $1,000,000 $0 $0 $0
Contract Total Salary ($3,700,000) ($3,000,000) ($0) ($0)
Annual Buyout Cost $475,000 $475,000 $475,000 $475,000
ACTUAL CAP HIT Washington Capitals logo $1,125,000 $825,000 $475,000 $475,000
Savings $2,225,000 $2,525,000 $-475,000 $-475,000

Active Contract

Signing Team
Signing Date July 16, 2019
Signing Status RFA
Agent J.P. Barry
Standard Contract | 2 Years $6,700,000 4.11% of cap space
2019-2020 2020-2021
Cap Hit $3,350,000 $3,350,000
RFA
AAV $3,350,000 $3,350,000
Performance Bonuses $0 $0
Base Salary $2,700,000 $3,000,000
Signing Bonuses $1,000,000 $0
Total Salary $3,700,000 $3,000,000
Minors Salary $3,700,000 $3,000,000
Clauses
UFA Year
Buy It Out