John Moore buyout calculator, cap hit impact

John Moore Buyout Cap Implications

Birthdate November 19, 1990

If John Moore 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 29 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 $4,833,333
Remaining base salary
($7,250,000 * 67% buyout multiplier)
.

3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)

Annual buyout cost of $805,556
(Total buyout cost/6 years)

John Moore projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$7,250,000
$2,250,000 $2,750,000 $2,250,000 $0 $0 $0
Original Cap Hit $2,750,000 $2,750,000 $2,750,000 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0
Contract Total Salary ($2,250,000) ($2,750,000) ($2,250,000) ($0) ($0) ($0)
Annual Buyout Cost $805,556 $805,556 $805,556 $805,556 $805,556 $805,556
ACTUAL CAP HIT Boston Bruins logo $1,305,556 $805,556 $1,305,556 $805,556 $805,556 $805,556
Savings $1,444,444 $1,944,444 $1,444,444 $-805,556 $-805,556 $-805,556

Active Contract

Signing Team
Signing Date July 1, 2018
Signing Status UFA
Agent Matthew Oates
Standard Contract | 5 Years $13,750,000 3.37% of cap space
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023
Cap Hit $2,750,000 $2,750,000 $2,750,000 $2,750,000 $2,750,000
UFA
AAV $2,750,000 $2,750,000 $2,750,000 $2,750,000 $2,750,000
Performance Bonuses $0 $0 $0 $0 $0
Base Salary $3,250,000 $3,250,000 $2,250,000 $2,750,000 $2,250,000
Signing Bonuses $0 $0 $0 $0 $0
Total Salary $3,250,000 $3,250,000 $2,250,000 $2,750,000 $2,250,000
Minors Salary $3,250,000 $3,250,000 $2,250,000 $2,750,000 $2,250,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out