Kasperi Kapanen buyout calculator, cap hit impact

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Kasperi Kapanen Buyout Cap Implications

Birthdate July 23, 1996

If Kasperi Kapanen 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 26 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 $2,133,333
Remaining base salary
($3,200,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,066,667
(Total buyout cost/2 years)

Kasperi Kapanen projected buyout 2023-2024 season
2023-2024 2024-2025
Remaining Base Salary
$3,200,000
$3,200,000 $0
Original Cap Hit $3,200,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($3,200,000) ($0)
Annual Buyout Cost $1,066,667 $1,066,667
ACTUAL CAP HIT Pittsburgh Penguins logo $1,066,667 $1,066,667
Savings $2,133,333 $-1,066,667

Active Contract

Signing Team Pittsburgh Penguins logo
Signing Date July 21, 2022
Signing Status RFA
Agent Markus Lehto
Standard Contract | 2 Years $6,400,000 3.88% of cap space
2022-2023 2023-2024
Cap Hit $3,200,000 $3,200,000
UFA
AAV $3,200,000 $3,200,000
Performance Bonuses $0 $0
Base Salary $3,200,000 $3,200,000
Signing Bonuses $0 $0
Total Salary $3,200,000 $3,200,000
Minors Salary $3,200,000 $3,200,000
Clauses
UFA Year
Buy It Out Buy It Out