Kasperi Kapanen buyout calculator, cap hit impact

Kasperi Kapanen Buyout Cap Implications

Birthdate July 23, 1996

If Kasperi Kapanen 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 24 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 $266,667
Remaining base salary
($800,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $133,333
(Total buyout cost/2 years)

Kasperi Kapanen projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$800,000
$800,000 $0
Original Cap Hit $3,200,000 $0
Contract Signing Bonus $1,540,000 $0
Contract Total Salary ($2,340,000) ($0)
Annual Buyout Cost $133,333 $133,333
ACTUAL CAP HIT Pittsburgh Penguins logo $2,533,333 $133,333
Savings $666,667 $-133,333

Active Contract

Signing Team Toronto Maple Leafs logo
Signing Date June 22, 2019
Signing Status RFA
Agent Markus Lehto
Standard Contract | 3 Years $9,600,000 3.93% of cap space
2019-2020 2020-2021 2021-2022
Cap Hit $3,200,000 $3,200,000 $3,200,000
RFA
AAV $3,200,000 $3,200,000 $3,200,000
Performance Bonuses $0 $0 $0
Base Salary $700,000 $1,860,000 $800,000
Signing Bonuses $3,700,000 $1,000,000 $1,540,000
Total Salary $4,400,000 $2,860,000 $2,340,000
Minors Salary $4,400,000 $2,860,000 $2,340,000
Clauses
UFA Year
Buy It Out