Kyle Connor buyout calculator, cap hit impact

Kyle Connor Buyout Cap Implications

Birthdate December 9, 1996

If Kyle Connor was bought out prior to the 2024-2025 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 27 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 $9,666,667
Remaining base salary
($14,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $2,416,667
(Total buyout cost/4 years)

Kyle Connor projected buyout 2024-2025 season
2024-2025 2025-2026 2026-2027 2027-2028
Remaining Base Salary
$14,500,000
$7,500,000 $7,000,000 $0 $0
Original Cap Hit $7,142,857 $7,142,858 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($7,500,000) ($7,000,000) ($0) ($0)
Annual Buyout Cost $2,416,667 $2,416,667 $2,416,667 $2,416,667
ACTUAL CAP HIT Winnipeg Jets logo $2,059,524 $2,559,525 $2,416,667 $2,416,667
Savings $5,083,333 $4,583,333 $-2,416,667 $-2,416,667

Active Contract

Signing Team
Signing Date September 28, 2019
Signing Status RFA
Agent Richard Evans
Standard Contract | 7 Years $50,000,000 8.76% of cap space
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
Cap Hit $7,142,857 $7,142,857 $7,142,857 $7,142,857 $7,142,857 $7,142,857 $7,142,858
UFA
AAV $7,142,857 $7,142,857 $7,142,857 $7,142,857 $7,142,857 $7,142,857 $7,142,858
Performance Bonuses $0 $0 $0 $0 $0 $0 $0
Base Salary $7,500,000 $8,000,000 $7,500,000 $5,000,000 $7,500,000 $7,500,000 $7,000,000
Signing Bonuses $0 $0 $0 $0 $0 $0 $0
Total Salary $7,500,000 $8,000,000 $7,500,000 $5,000,000 $7,500,000 $7,500,000 $7,000,000
Minors Salary $7,500,000 $8,000,000 $7,500,000 $5,000,000 $7,500,000 $7,500,000 $7,000,000
Clauses M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
10 Team No Trade