Justin Braun buyout calculator, cap hit impact

Justin Braun Buyout Cap Implications

Birthdate February 10, 1987

If Justin Braun 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 32 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 $2,533,333
Remaining base salary
($3,800,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,266,667
(Total buyout cost/2 years)

Justin Braun projected buyout 2019-2020 season
2019-2020 2020-2021
Remaining Base Salary
$3,800,000
$3,800,000 $0
Original Cap Hit $3,800,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($3,800,000) ($0)
Annual Buyout Cost $1,266,667 $1,266,667
ACTUAL CAP HIT Philadelphia Flyers logo $1,266,667 $1,266,667
Savings $2,533,333 $-1,266,667

Active Contract

Signing Team
Signing Date September 20, 2014
Signing Status UFA
Agent Neil Sheehy
Standard Contract | 5 Years $19,000,000 4.66% of cap space
2015-2016 2016-2017 2017-2018 2018-2019 2019-2020
Cap Hit $3,800,000 $3,800,000 $3,800,000 $3,800,000 $3,800,000
UFA
AAV $3,800,000 $3,800,000 $3,800,000 $3,800,000 $3,800,000
Performance Bonuses $0 $0 $0 $0 $0
Base Salary $3,800,000 $3,800,000 $3,800,000 $3,800,000 $3,800,000
Signing Bonuses $0 $0 $0 $0 $0
Total Salary $3,800,000 $3,800,000 $3,800,000 $3,800,000 $3,800,000
Minors Salary $3,800,000 $3,800,000 $3,800,000 $3,800,000 $3,800,000
Clauses
UFA Year
Buy It Out