Jordan Kyrou buyout calculator, cap hit impact

Jordan Kyrou Buyout Cap Implications

Birthdate May 5, 1998

If Jordan Kyrou 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 23 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 $1,866,667
Remaining base salary
($5,600,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $466,667
(Total buyout cost/4 years)

Jordan Kyrou projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$5,600,000
$2,400,000 $3,200,000 $0 $0
Original Cap Hit $2,800,000 $2,800,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($2,400,000) ($3,200,000) ($0) ($0)
Annual Buyout Cost $466,667 $466,667 $466,667 $466,667
ACTUAL CAP HIT St. Louis Blues logo $866,667 $66,667 $466,667 $466,667
Savings $1,933,333 $2,733,333 $-466,667 $-466,667

Active Contract

Signing Team St. Louis Blues logo
Signing Date August 3, 2021
Signing Status RFA
Agent David Gagner
Standard Contract | 2 Years $5,600,000 3.44% of cap space
2021-2022 2022-2023
Cap Hit $2,800,000 $2,800,000
RFA
AAV $2,800,000 $2,800,000
Performance Bonuses $0 $0
Base Salary $2,400,000 $3,200,000
Signing Bonuses $0 $0
Total Salary $2,400,000 $3,200,000
Minors Salary $2,400,000 $3,200,000
Clauses
UFA Year
Buy It Out Buy It Out