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 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 28 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 $5,000,000
Remaining base salary
($7,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,250,000
(Total buyout cost/4 years)

Jonathan Huberdeau projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$7,500,000
$3,300,000 $4,200,000 $0 $0
Original Cap Hit $5,900,000 $5,900,000 $0 $0
Contract Signing Bonus $2,000,000 $2,000,000 $0 $0
Contract Total Salary ($5,300,000) ($6,200,000) ($0) ($0)
Annual Buyout Cost $1,250,000 $1,250,000 $1,250,000 $1,250,000
ACTUAL CAP HIT Florida Panthers logo $3,850,000 $2,950,000 $1,250,000 $1,250,000
Savings $2,050,000 $2,950,000 $-1,250,000 $-1,250,000