Kevin Bahl buyout calculator, cap hit impact

Kevin Bahl Buyout Cap Implications

Birthdate June 27, 2000

If Kevin Bahl 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 19 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 $725,000
Remaining base salary
($2,175,000 * 33% buyout multiplier)
.

4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)

Annual buyout cost of $90,625
(Total buyout cost/8 years)

Kevin Bahl projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Remaining Base Salary
$2,175,000
$0 $700,000 $725,000 $750,000 $0 $0 $0 $0
Original Cap Hit $817,500 $786,667 $786,667 $786,667 $0 $0 $0 $0
Contract Signing Bonus $92,500 $92,500 $92,500 $0 $0 $0 $0 $0
Contract Total Salary ($92,500) ($792,500) ($817,500) ($750,000) ($0) ($0) ($0) ($0)
Annual Buyout Cost $90,625 $90,625 $90,625 $90,625 $90,625 $90,625 $90,625 $90,625
ACTUAL CAP HIT New Jersey Devils logo $908,125 $177,292 $152,292 $127,292 $90,625 $90,625 $90,625 $90,625
Savings $-90,625 $609,375 $634,375 $659,375 $-90,625 $-90,625 $-90,625 $-90,625

Active Contract

Signing Team
Signing Date March 15, 2019
Agent David Gagner
Entry Level Contract | 3 Years $2,360,001 1.00% of cap space
2019-2020 2020-2021 2021-2022 2022-2023
Cap Hit $817,500 $786,667 $786,667 $786,667
RFA
AAV $925,000 $894,167 $894,167 $894,167
Performance Bonuses $0 $132,500 $107,500 $82,500
Base Salary $0 $700,000 $725,000 $750,000
Signing Bonuses $92,500 $92,500 $92,500 $0
Total Salary $92,500 $792,500 $817,500 $750,000
Minors Salary $0 $70,000 $70,000 $70,000
Clauses
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out Buy It Out