Jesperi Kotkaniemi buyout calculator, cap hit impact

Northstar Bets Northstar Bets

Jesperi Kotkaniemi Buyout Cap Implications

Birthdate July 6, 2000

If Jesperi Kotkaniemi 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 $12,853,333
Remaining base salary
($38,560,000 * 33% buyout multiplier)
.

8 years left in contract.
Buyout applied over 16 years
(2x years remaining on contract)

Annual buyout cost of $803,333
(Total buyout cost/16 years)

Jesperi Kotkaniemi projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031 2031-2032 2032-2033 2033-2034 2034-2035 2035-2036 2036-2037 2037-2038
Remaining Base Salary
$38,560,000
$4,000,000 $4,500,000 $4,820,000 $4,820,000 $4,820,000 $5,200,000 $5,200,000 $5,200,000 $0 $0 $0 $0 $0 $0 $0 $0
Original Cap Hit $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000 $0 $0 $0 $0 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($4,000,000) ($4,500,000) ($4,820,000) ($4,820,000) ($4,820,000) ($5,200,000) ($5,200,000) ($5,200,000) ($0) ($0) ($0) ($0) ($0) ($0) ($0) ($0)
Annual Buyout Cost $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333
ACTUAL CAP HIT Carolina Hurricanes logo $1,623,333 $1,123,333 $803,333 $803,333 $803,333 $423,333 $423,333 $423,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333 $803,333
Savings $3,196,667 $3,696,667 $4,016,667 $4,016,667 $4,016,667 $4,396,667 $4,396,667 $4,396,667 $-803,333 $-803,333 $-803,333 $-803,333 $-803,333 $-803,333 $-803,333 $-803,333

Active Contract

Signing Team Carolina Hurricanes logo
Signing Date March 21, 2022
Signing Status RFA
Agent Markus Lehto
View Player Profile
Potential Lockout Year
Standard Contract | 8 Years $38,560,000 5.84% of cap space
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030
Cap Hit $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000
UFA
AAV $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000 $4,820,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $4,000,000 $4,500,000 $4,820,000 $4,820,000 $4,820,000 $5,200,000 $5,200,000 $5,200,000
Signing Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Total Salary $4,000,000 $4,500,000 $4,820,000 $4,820,000 $4,820,000 $5,200,000 $5,200,000 $5,200,000
Minors Salary $4,000,000 $4,500,000 $4,820,000 $4,820,000 $4,820,000 $5,200,000 $5,200,000 $5,200,000
Clauses M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
10 Team No Trade List in UFA Years 5 - 8