Joe Pavelski buyout calculator, cap hit impact

Joe Pavelski Buyout Cap Implications

Birthdate July 11, 1984

If Joe Pavelski 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 35 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 $6,000,000
Remaining base salary
($9,000,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,500,000
(Total buyout cost/4 years)

Joe Pavelski projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024
Remaining Base Salary
$9,000,000
$1,000,000 $8,000,000 $0 $0
Original Cap Hit $7,000,000 $7,000,000 $0 $0
Contract Signing Bonus $4,000,000 $0 $0 $0
Contract Total Salary ($5,000,000) ($8,000,000) ($0) ($0)
Annual Buyout Cost $1,500,000 $1,500,000 $1,500,000 $1,500,000
ACTUAL CAP HIT Dallas Stars logo $7,500,000 $500,000 $1,500,000 $1,500,000
Savings $-500,000 $6,500,000 $-1,500,000 $-1,500,000

Active Contract

Signing Team
Signing Date July 1, 2019
Signing Status UFA
Agent Daniel Plante
Standard Contract | 3 Years $21,000,000 8.59% of cap space
2019-2020 2020-2021 2021-2022
Cap Hit $7,000,000 $7,000,000 $7,000,000
UFA
AAV $7,000,000 $7,000,000 $7,000,000
Performance Bonuses $0 $0 $0
Base Salary $6,000,000 $1,000,000 $8,000,000
Signing Bonuses $2,000,000 $4,000,000 $0
Total Salary $8,000,000 $5,000,000 $8,000,000
Minors Salary $8,000,000 $5,000,000 $8,000,000
Clauses NTC NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out
NTC 2019-2020, 2020-2021, MNT 2021-2022