Kris Letang buyout calculator, cap hit impact
Kris Letang Buyout Cap Implications
Birthdate April 24, 1987
If Kris Letang 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 35 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 $20,400,000
Remaining base salary
($30,600,000 * 67% buyout multiplier).
6 years left in contract.
Buyout applied over 12 years
(2x years remaining on contract)
Annual buyout cost of $1,700,000
(Total buyout cost/12 years)
Kris Letang projected buyout 2021-2022 season

Birthdate April 24, 1987
If Kris Letang 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 35 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 $20,400,000
Remaining base salary
($30,600,000 * 67% buyout multiplier).
6 years left in contract.
Buyout applied over 12 years
(2x years remaining on contract)
Annual buyout cost of $1,700,000
(Total buyout cost/12 years)
Kris Letang projected buyout 2021-2022 season
Active Contract
Standard Contract | 6 Years $36,600,000 7.39% of cap space
2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | ||
---|---|---|---|---|---|---|---|
Cap Hit | $6,100,000 | $6,100,000 | $6,100,000 | $6,100,000 | $6,100,000 | $6,100,000 | UFA |
AAV | $6,100,000 | $6,100,000 | $6,100,000 | $6,100,000 | $6,100,000 | $6,100,000 | |
Performance Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | |
Base Salary | $4,000,000 | $8,000,000 | $6,200,000 | $4,800,000 | $3,800,000 | $3,800,000 | |
Signing Bonuses | $4,000,000 | $0 | $0 | $0 | $1,000,000 | $1,000,000 | |
Total Salary | $8,000,000 | $8,000,000 | $6,200,000 | $4,800,000 | $4,800,000 | $4,800,000 | |
Minors Salary | $8,000,000 | $8,000,000 | $6,200,000 | $4,800,000 | $4,800,000 | $4,800,000 | |
Clauses | NMC | NMC | NMC | NMC | M-NTC
NMC |
M-NTC
NMC |
|
UFA Year | |||||||
Buy It Out | Buy It Out | Buy It Out | Buy It Out | Buy It Out | Buy It Out | ||
10 Team Approved Trade List Years 5 & 6 |