Jordan Eberle buyout calculator, cap hit impact


Jordan Eberle Buyout Cap Implications

Birthdate May 15, 1990

If Jordan Eberle was bought out prior to the 2023-2024 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 33 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 $2,500,000
Remaining base salary
($3,750,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,250,000
(Total buyout cost/2 years)

Jordan Eberle projected buyout 2023-2024 season
2023-2024 2024-2025
Remaining Base Salary
$3,750,000
$3,750,000 $0
Original Cap Hit $5,500,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($3,750,000) ($0)
Annual Buyout Cost $1,250,000 $1,250,000
ACTUAL CAP HIT New York Islanders logo $3,000,000 $1,250,000
Savings $2,500,000 $-1,250,000

Active Contract

Signing Team
Signing Date June 14, 2019
Signing Status UFA
Agent Craig Oster
View Player Profile
Potential Lockout Year
Standard Contract | 5 Years $27,500,000 6.75% of cap space
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024
Cap Hit $5,500,000 $5,500,000 $5,500,000 $5,500,000 $5,500,000
UFA
AAV $5,500,000 $5,500,000 $5,500,000 $5,500,000 $5,500,000
Performance Bonuses $0 $0 $0 $0 $0
Base Salary $5,250,000 $4,750,000 $7,000,000 $4,750,000 $3,750,000
Signing Bonuses $2,000,000 $0 $0 $0 $0
Total Salary $7,250,000 $4,750,000 $7,000,000 $4,750,000 $3,750,000
Minors Salary $7,250,000 $4,750,000 $7,000,000 $4,750,000 $3,750,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out