Josh Anderson buyout calculator, cap hit impact
Josh Anderson Buyout Cap Implications
Birthdate May 7, 1994
If Josh Anderson was bought out prior to the 2022-2023 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 $20,333,333
Remaining base salary
($30,500,000 * 67% buyout multiplier).
5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)
Annual buyout cost of $2,033,333
(Total buyout cost/10 years)
Josh Anderson projected buyout 2022-2023 season
Birthdate May 7, 1994
If Josh Anderson was bought out prior to the 2022-2023 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 $20,333,333
Remaining base salary
($30,500,000 * 67% buyout multiplier).
5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)
Annual buyout cost of $2,033,333
(Total buyout cost/10 years)
Josh Anderson projected buyout 2022-2023 season
Active Contract
Standard Contract | 7 Years $38,500,000 6.59% of cap space
2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | ||
---|---|---|---|---|---|---|---|---|
Cap Hit | $5,500,000 | $5,500,000 | $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 | $5,500,000 | $5,500,000 | |
Performance Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Base Salary | $4,000,000 | $4,000,000 | $7,000,000 | $8,000,000 | $7,000,000 | $5,000,000 | $3,500,000 | |
Signing Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Salary | $4,000,000 | $4,000,000 | $7,000,000 | $8,000,000 | $7,000,000 | $5,000,000 | $3,500,000 | |
Minors Salary | $4,000,000 | $4,000,000 | $7,000,000 | $8,000,000 | $7,000,000 | $5,000,000 | $3,500,000 | |
Clauses | M-NTC | M-NTC | M-NTC | M-NTC | M-NTC | M-NTC | ||
UFA Year | ||||||||
Buy It Out | Buy It Out | Buy It Out | Buy It Out | |||||
Years 2-4: 8 team No Trade List, Years 5-7: 5 Team No Trade List |