Lawson Crouse buyout calculator, cap hit impact

Lawson Crouse Buyout Cap Implications

Birthdate June 23, 1997

If Lawson Crouse 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 23 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 $583,333
Remaining base salary
($1,750,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $291,667
(Total buyout cost/2 years)

Lawson Crouse projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$1,750,000
$1,750,000 $0
Original Cap Hit $1,533,333 $0
Contract Signing Bonus $500,000 $0
Contract Total Salary ($2,250,000) ($0)
Annual Buyout Cost $291,667 $291,667
ACTUAL CAP HIT Arizona Coyotes logo $75,000 $291,667
Savings $1,458,333 $-291,667

Active Contract

Signing Team
Signing Date July 2, 2019
Signing Status RFA
Agent Robert Hooper
Standard Contract | 3 Years $4,599,999 1.88% of cap space
2019-2020 2020-2021 2021-2022
Cap Hit $1,533,333 $1,533,333 $1,533,333
RFA
AAV $1,533,333 $1,533,333 $1,533,333
Performance Bonuses $0 $0 $0
Base Salary $750,000 $1,350,000 $1,750,000
Signing Bonuses $250,000 $0 $500,000
Total Salary $1,000,000 $1,350,000 $2,250,000
Minors Salary $1,000,000 $1,350,000 $2,250,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out