Jamieson Rees buyout calculator, cap hit impact
Jamieson Rees Buyout Cap Implications
Birthdate February 26, 2001
If Jamieson Rees 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 21 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 $527,500
Remaining base salary
($1,582,500 * 33% buyout multiplier).
2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)
Annual buyout cost of $131,875
(Total buyout cost/4 years)
Jamieson Rees projected buyout 2022-2023 season
2022-2023
2023-2024
2024-2025
2025-2026
Remaining Base Salary
$1,582,500
$750,000
$832,500
$0
$0
Original Cap Hit
$839,167
$839,167
$0
$0
Contract Signing Bonus
$92,500
$0
$0
$0
Contract Total Salary
($842,500)
($832,500)
($0)
($0)
Annual Buyout Cost
$131,875
$131,875
$131,875
$131,875
ACTUAL CAP HIT 
$221,042
$138,542
$131,875
$131,875
Savings
$618,125
$700,625
$-131,875
$-131,875
Birthdate February 26, 2001
If Jamieson Rees 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 21 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 $527,500
Remaining base salary
($1,582,500 * 33% buyout multiplier).
2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)
Annual buyout cost of $131,875
(Total buyout cost/4 years)
Jamieson Rees projected buyout 2022-2023 season
| 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | |
|---|---|---|---|---|
| Remaining Base Salary $1,582,500 |
$750,000 | $832,500 | $0 | $0 |
| Original Cap Hit | $839,167 | $839,167 | $0 | $0 |
| Contract Signing Bonus | $92,500 | $0 | $0 | $0 |
| Contract Total Salary | ($842,500) | ($832,500) | ($0) | ($0) |
| Annual Buyout Cost | $131,875 | $131,875 | $131,875 | $131,875 |
| ACTUAL CAP HIT
|
$221,042 | $138,542 | $131,875 | $131,875 |
| Savings | $618,125 | $700,625 | $-131,875 | $-131,875 |
Active Contract
Entry Level Contract | 3 Years $2,517,501 1.03% of cap space
| 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | ||
|---|---|---|---|---|---|
| Cap Hit | $853,333 | $839,167 | $839,167 | $839,167 | RFA |
| AAV | $925,000 | $894,167 | $894,167 | $894,167 | |
| Performance Bonuses | $0 | $82,500 | $82,500 | $0 | |
| Base Salary | $0 | $750,000 | $750,000 | $832,500 | |
| Signing Bonuses | $92,500 | $92,500 | $92,500 | $0 | |
| Total Salary | $92,500 | $842,500 | $842,500 | $832,500 | |
| Minors Salary | $0 | $70,000 | $70,000 | $70,000 | |
| Clauses | ENTRY-LEVEL SLIDE |
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| UFA Year | |||||
| Buy It Out | Buy It Out | ||||