Jiri Patera buyout calculator, cap hit impact
Jiri Patera Buyout Cap Implications
Birthdate February 24, 1999
If Jiri Patera 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 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 $250,000
Remaining base salary
($750,000 * 33% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $125,000
(Total buyout cost/2 years)
Jiri Patera projected buyout 2022-2023 season
2022-2023
2023-2024
Remaining Base Salary
$750,000
$750,000
$0
Original Cap Hit
$800,000
$0
Contract Signing Bonus
$67,500
$0
Contract Total Salary
($817,500)
($0)
Annual Buyout Cost
$125,000
$125,000
ACTUAL CAP HIT 
$175,000
$125,000
Savings
$625,000
$-125,000
Birthdate February 24, 1999
If Jiri Patera 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 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 $250,000
Remaining base salary
($750,000 * 33% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $125,000
(Total buyout cost/2 years)
Jiri Patera projected buyout 2022-2023 season
| 2022-2023 | 2023-2024 | |
|---|---|---|
| Remaining Base Salary $750,000 |
$750,000 | $0 |
| Original Cap Hit | $800,000 | $0 |
| Contract Signing Bonus | $67,500 | $0 |
| Contract Total Salary | ($817,500) | ($0) |
| Annual Buyout Cost | $125,000 | $125,000 |
| ACTUAL CAP HIT
|
$175,000 | $125,000 |
| Savings | $625,000 | $-125,000 |
Active Contract
Entry Level Contract | 3 Years $2,400,000 0.98% of cap space
| 2020-2021 | 2021-2022 | 2022-2023 | ||
|---|---|---|---|---|
| Cap Hit | $800,000 | $800,000 | $800,000 | RFA |
| AAV | $800,000 | $800,000 | $800,000 | |
| Performance Bonuses | $0 | $0 | $0 | |
| Base Salary | $700,000 | $750,000 | $750,000 | |
| Signing Bonuses | $65,000 | $67,500 | $67,500 | |
| Total Salary | $765,000 | $817,500 | $817,500 | |
| Minors Salary | $70,000 | $70,000 | $70,000 | |
| Clauses | ||||
| UFA Year | ||||
| Buy It Out | Buy It Out | |||