Joona Koppanen buyout calculator, cap hit impact


Joona Koppanen Buyout Cap Implications

Birthdate February 25, 1998

If Joona Koppanen was bought out prior to the 2019-2020 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 21 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 $475,000
Remaining base salary
($1,425,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $118,750
(Total buyout cost/4 years)

Joona Koppanen projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023
Remaining Base Salary
$1,425,000
$700,000 $725,000 $0 $0
Original Cap Hit $753,334 $753,334 $0 $0
Contract Signing Bonus $92,500 $0 $0 $0
Contract Total Salary ($792,500) ($725,000) ($0) ($0)
Annual Buyout Cost $118,750 $118,750 $118,750 $118,750
ACTUAL CAP HIT Boston Bruins logo $172,084 $147,084 $118,750 $118,750
Savings $581,250 $606,250 $-118,750 $-118,750

Active Contract

Signing Team
Signing Date April 13, 2017
Agent Markus Lehto
Entry Level Contract | 3 Years $2,260,002 0.96% of cap space
2017-2018 2018-2019 2019-2020 2020-2021
Cap Hit $784,167 $753,334 $753,334 $753,334
RFA
AAV $933,333 $902,500 $902,500 $902,500
Performance Bonuses $0 $182,500 $182,500 $82,500
Base Salary $0 $650,000 $700,000 $725,000
Signing Bonuses $92,500 $92,500 $92,500 $0
Total Salary $0 $742,500 $792,500 $725,000
Minors Salary $0 $70,000 $70,000 $70,000
Clauses
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out