Kaapo Kakko buyout calculator, cap hit impact
Kaapo Kakko Buyout Cap Implications
Birthdate February 13, 2001
If Kaapo Kakko 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 22 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 $800,000
Remaining base salary
($2,400,000 * 33% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $400,000
(Total buyout cost/2 years)
Kaapo Kakko projected buyout 2023-2024 season
2023-2024
2024-2025
Remaining Base Salary
$2,400,000
$2,400,000
$0
Original Cap Hit
$2,100,000
$0
Contract Signing Bonus
$0
$0
Contract Total Salary
($2,400,000)
($0)
Annual Buyout Cost
$400,000
$400,000
ACTUAL CAP HIT 
$100,000
$400,000
Savings
$2,000,000
$-400,000
Birthdate February 13, 2001
If Kaapo Kakko 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 22 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 $800,000
Remaining base salary
($2,400,000 * 33% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $400,000
(Total buyout cost/2 years)
Kaapo Kakko projected buyout 2023-2024 season
| 2023-2024 | 2024-2025 | |
|---|---|---|
| Remaining Base Salary $2,400,000 |
$2,400,000 | $0 |
| Original Cap Hit | $2,100,000 | $0 |
| Contract Signing Bonus | $0 | $0 |
| Contract Total Salary | ($2,400,000) | ($0) |
| Annual Buyout Cost | $400,000 | $400,000 |
| ACTUAL CAP HIT
|
$100,000 | $400,000 |
| Savings | $2,000,000 | $-400,000 |
Active Contract
Signing Team
Signing Date July 28, 2022
Signing Status RFA
Agent Andy Scott
Qualifying Offer on Expiry $2,400,000
Signing Date July 28, 2022
Signing Status RFA
Agent Andy Scott
Qualifying Offer on Expiry $2,400,000
Standard Contract | 2 Years $4,200,000 2.51% of cap space
| 2022-2023 | 2023-2024 | ||
|---|---|---|---|
| Cap Hit | $2,100,000 | $2,100,000 | RFA |
| AAV | $2,100,000 | $2,100,000 | |
| Performance Bonuses | $0 | $0 | |
| Base Salary | $1,800,000 | $2,400,000 | |
| Signing Bonuses | $0 | $0 | |
| Total Salary | $1,800,000 | $2,400,000 | |
| Minors Salary | $1,800,000 | $2,400,000 | |
| Clauses | |||
| UFA Year | |||
| Buy It Out | |||