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 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 23 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 $483,333
Remaining base salary
($1,450,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $241,667
(Total buyout cost/2 years)

Jesse Puljujarvi projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$1,450,000
$1,450,000 $0
Original Cap Hit $1,175,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($1,450,000) ($0)
Annual Buyout Cost $241,667 $241,667
ACTUAL CAP HIT Edmonton Oilers logo $-33,333 $241,667
Savings $1,208,333 $-241,667

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