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 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 29 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 $7,633,333
Remaining base salary
($11,450,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,908,333
(Total buyout cost/4 years)

Jason Zucker projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$11,450,000
$6,250,000 $5,200,000 $0 $0
Original Cap Hit $5,500,000 $5,500,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($6,250,000) ($5,200,000) ($0) ($0)
Annual Buyout Cost $1,908,333 $1,908,333 $1,908,333 $1,908,333
ACTUAL CAP HIT Pittsburgh Penguins logo $1,158,333 $2,208,333 $1,908,333 $1,908,333
Savings $4,341,667 $3,291,667 $-1,908,333 $-1,908,333

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
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