Jordan Binnington buyout calculator, cap hit impact

Jordan Binnington Buyout Cap Implications

Birthdate July 11, 1993

If Jordan Binnington was bought out prior to the 2025-2026 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 31 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 $7,333,333
Remaining base salary
($11,000,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,833,333
(Total buyout cost/4 years)

Jordan Binnington projected buyout 2025-2026 season
2025-2026 2026-2027 2027-2028 2028-2029
Remaining Base Salary
$11,000,000
$6,500,000 $4,500,000 $0 $0
Original Cap Hit $6,000,000 $6,000,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($6,500,000) ($4,500,000) ($0) ($0)
Annual Buyout Cost $1,833,333 $1,833,333 $1,833,333 $1,833,333
ACTUAL CAP HIT St. Louis Blues logo $1,333,333 $3,333,333 $1,833,333 $1,833,333
Savings $4,666,667 $2,666,667 $-1,833,333 $-1,833,333

Active Contract

Signing Team St. Louis Blues logo
Signing Date March 11, 2021
Signing Status UFA
Agent Robert Hooper
View Player Profile
Potential Lockout Year
Standard Contract | 6 Years $36,000,000 7.19% of cap space
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Cap Hit $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000
UFA
AAV $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $4,000,000 $6,000,000 $7,500,000 $7,500,000 $6,500,000 $4,500,000
Signing Bonuses $0 $0 $0 $0 $0 $0
Total Salary $4,000,000 $6,000,000 $7,500,000 $7,500,000 $6,500,000 $4,500,000
Minors Salary $4,000,000 $6,000,000 $7,500,000 $7,500,000 $6,500,000 $4,500,000
Clauses NTC NTC NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out
Full No-Trade first 3 years, Year 4 – 18 team no trade list, Year 5 – 14 team no trade list, Year 6 – 10 team no trade list