Jesse Puljujarvi buyout calculator, cap hit impact

Jesse Puljujarvi Buyout Cap Implications

Birthdate May 7, 1998

If Jesse Puljujarvi 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 22 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 $783,333
Remaining base salary
($2,350,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $195,833
(Total buyout cost/4 years)

Jesse Puljujarvi projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024
Remaining Base Salary
$2,350,000
$900,000 $1,450,000 $0 $0
Original Cap Hit $1,175,000 $1,175,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($900,000) ($1,450,000) ($0) ($0)
Annual Buyout Cost $195,833 $195,833 $195,833 $195,833
ACTUAL CAP HIT Edmonton Oilers logo $470,833 $-79,167 $195,833 $195,833
Savings $704,167 $1,254,167 $-195,833 $-195,833

Active Contract

Signing Team
Signing Date October 7, 2020
Signing Status RFA
Agent Markus Lehto
Standard Contract | 2 Years $2,350,000 1.44% of cap space
2020-2021 2021-2022
Cap Hit $1,175,000 $1,175,000
RFA
AAV $1,175,000 $1,175,000
Performance Bonuses $0 $0
Base Salary $900,000 $1,450,000
Signing Bonuses $0 $0
Total Salary $900,000 $1,450,000
Minors Salary $900,000 $1,450,000
Clauses
UFA Year
Buy It Out Buy It Out