Logan Couture buyout calculator, cap hit impact

Logan Couture Buyout Cap Implications

Birthdate March 28, 1989

If Logan Couture was bought out prior to the 2026-2027 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 37 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 $4,000,000
Remaining base salary
($6,000,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $2,000,000
(Total buyout cost/2 years)

Logan Couture projected buyout 2026-2027 season
2026-2027 2027-2028
Remaining Base Salary
$6,000,000
$6,000,000 $0
Original Cap Hit $8,000,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($6,000,000) ($0)
Annual Buyout Cost $2,000,000 $2,000,000
ACTUAL CAP HIT San Jose Sharks logo $4,000,000 $2,000,000
Savings $4,000,000 $-2,000,000

Active Contract

Signing Team
Signing Date July 1, 2018
Signing Status UFA
Agent John Thornton
View Player Profile
Potential Lockout Year
Standard Contract | 8 Years $64,000,000 9.82% of cap space
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Cap Hit $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000
UFA
AAV $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $6,000,000 $4,000,000 $6,000,000 $4,000,000 $8,000,000 $7,000,000 $7,000,000 $6,000,000
Signing Bonuses $4,000,000 $5,000,000 $3,000,000 $4,000,000 $0 $0 $0 $0
Total Salary $10,000,000 $9,000,000 $9,000,000 $8,000,000 $8,000,000 $7,000,000 $7,000,000 $6,000,000
Minors Salary $1,000,000 $9,000,000 $9,000,000 $8,000,000 $8,000,000 $7,000,000 $7,000,000 $6,000,000
Clauses M-NTC M-NTC M-NTC M-NTC M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
3 Team NTC