Jonathan Huberdeau buyout calculator, cap hit impact

Jonathan Huberdeau Buyout Cap Implications

Birthdate June 4, 1993

If Jonathan Huberdeau 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 26 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 $3,600,000
Remaining base salary
($10,800,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $600,000
(Total buyout cost/6 years)

Jonathan Huberdeau projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$10,800,000
$3,300,000 $3,300,000 $4,200,000 $0 $0 $0
Original Cap Hit $5,900,000 $5,900,000 $5,900,000 $0 $0 $0
Contract Signing Bonus $2,000,000 $2,000,000 $2,000,000 $0 $0 $0
Contract Total Salary ($5,300,000) ($5,300,000) ($6,200,000) ($0) ($0) ($0)
Annual Buyout Cost $600,000 $600,000 $600,000 $600,000 $600,000 $600,000
ACTUAL CAP HIT Florida Panthers logo $3,200,000 $3,200,000 $2,300,000 $600,000 $600,000 $600,000
Savings $2,700,000 $2,700,000 $3,600,000 $-600,000 $-600,000 $-600,000

Active Contract

Signing Team
Signing Date September 6, 2016
Signing Status RFA
Agent Allan Walsh
View Player Profile
Potential Lockout Year
Standard Contract | 6 Years $35,400,000 7.24% of cap space
2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023
Cap Hit $5,900,000 $5,900,000 $5,900,000 $5,900,000 $5,900,000 $5,900,000
UFA
AAV $5,900,000 $5,900,000 $5,900,000 $5,900,000 $5,900,000 $5,900,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $6,200,000 $6,200,000 $6,200,000 $3,300,000 $3,300,000 $4,200,000
Signing Bonuses $0 $0 $0 $2,000,000 $2,000,000 $2,000,000
Total Salary $6,200,000 $6,200,000 $6,200,000 $5,300,000 $5,300,000 $6,200,000
Minors Salary $6,200,000 $6,200,000 $6,200,000 $5,300,000 $5,300,000 $6,200,000
Clauses NMC NMC NMC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out