Marc Staal buyout calculator, cap hit impact


Marc Staal Buyout Cap Implications

Birthdate January 13, 1987

If Marc Staal was bought out prior to the 2020-2021 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 33 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 $2,133,333
Remaining base salary
($3,200,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,066,667
(Total buyout cost/2 years)

Marc Staal projected buyout 2020-2021 season
2020-2021 2021-2022
Remaining Base Salary
$3,200,000
$3,200,000 $0
Original Cap Hit $5,700,000 $0
Contract Signing Bonus $1,000,000 $0
Contract Total Salary ($4,200,000) ($0)
Annual Buyout Cost $1,066,667 $1,066,667
ACTUAL CAP HIT New York Rangers logo $3,566,667 $1,066,667
Savings $2,133,333 $-1,066,667

Active Contract

Signing Team
Signing Date January 18, 2015
Signing Status UFA
Agent Richard Curran
View Player Profile
Potential Lockout Year
Standard Contract | 6 Years $34,200,000 6.99% of cap space
2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021
Cap Hit $5,700,000 $5,700,000 $5,700,000 $5,700,000 $5,700,000 $5,700,000
UFA
AAV $5,700,000 $5,700,000 $5,700,000 $5,700,000 $5,700,000 $5,700,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $4,000,000 $5,000,000 $5,000,000 $5,000,000 $4,000,000 $3,200,000
Signing Bonuses $3,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000
Total Salary $7,000,000 $6,000,000 $6,000,000 $6,000,000 $5,000,000 $4,200,000
Minors Salary $7,000,000 $6,000,000 $6,000,000 $6,000,000 $5,000,000 $4,200,000
Clauses
UFA Year
Buy It Out Buy It Out