Jason Zucker buyout calculator, cap hit impact

Jason Zucker Buyout Cap Implications

Birthdate January 16, 1992

If Jason Zucker was bought out prior to the 2020-2021 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 28 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 $10,833,333
Remaining base salary
($16,250,000 * 67% buyout multiplier)
.

3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)

Annual buyout cost of $1,805,556
(Total buyout cost/6 years)

Jason Zucker projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$16,250,000
$4,800,000 $6,250,000 $5,200,000 $0 $0 $0
Original Cap Hit $5,500,000 $5,500,000 $5,500,000 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0
Contract Total Salary ($4,800,000) ($6,250,000) ($5,200,000) ($0) ($0) ($0)
Annual Buyout Cost $1,805,556 $1,805,556 $1,805,556 $1,805,556 $1,805,556 $1,805,556
ACTUAL CAP HIT Pittsburgh Penguins logo $2,505,556 $1,055,556 $2,105,556 $1,805,556 $1,805,556 $1,805,556
Savings $2,994,444 $4,444,444 $3,394,444 $-1,805,556 $-1,805,556 $-1,805,556

Active Contract

Signing Team
Signing Date July 25, 2018
Signing Status RFA
Agent Eustace King
Standard Contract | 5 Years $27,500,000 6.75% of cap space
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023
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 $5,000,000 $6,250,000 $4,800,000 $6,250,000 $5,200,000
Signing Bonuses $0 $0 $0 $0 $0
Total Salary $5,000,000 $6,250,000 $4,800,000 $6,250,000 $5,200,000
Minors Salary $5,000,000 $6,250,000 $4,800,000 $6,250,000 $5,200,000
Clauses M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out
10 Team No Trade List