Justin Holl buyout calculator, cap hit impact

Justin Holl Buyout Cap Implications

Birthdate January 30, 1992

If Justin Holl 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 27 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 $466,667
Remaining base salary
($700,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $233,333
(Total buyout cost/2 years)

Justin Holl projected buyout 2019-2020 season
2019-2020 2020-2021
Remaining Base Salary
$700,000
$700,000 $0
Original Cap Hit $675,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($700,000) ($0)
Annual Buyout Cost $233,333 $233,333
ACTUAL CAP HIT Toronto Maple Leafs logo $208,333 $233,333
Savings $466,667 $-233,333

Active Contract

Signing Team
Signing Date December 31, 2019
Signing Status UFA
Agent Brian Bartlett
View Player Profile
Potential Lockout Year
Standard Contract | 3 Years $6,000,000 2.45% of cap space
2020-2021 2021-2022 2022-2023
Cap Hit $2,000,000 $2,000,000 $2,000,000
UFA
AAV $2,000,000 $2,000,000 $2,000,000
Performance Bonuses $0 $0 $0
Base Salary $1,000,000 $2,000,000 $2,000,000
Signing Bonuses $1,000,000 $0 $0
Total Salary $2,000,000 $2,000,000 $2,000,000
Minors Salary $2,000,000 $2,000,000 $2,000,000
Clauses M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out
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