Marcus Kallionkieli buyout calculator, cap hit impact

Marcus Kallionkieli Buyout Cap Implications

Birthdate March 20, 2001

If Marcus Kallionkieli 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 20 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 $500,000
Remaining base salary
($1,500,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $125,000
(Total buyout cost/4 years)

Marcus Kallionkieli projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$1,500,000
$750,000 $750,000 $0 $0
Original Cap Hit $786,667 $786,667 $0 $0
Contract Signing Bonus $82,500 $0 $0 $0
Contract Total Salary ($832,500) ($750,000) ($0) ($0)
Annual Buyout Cost $125,000 $125,000 $125,000 $125,000
ACTUAL CAP HIT Vegas Golden Knights logo $161,667 $161,667 $125,000 $125,000
Savings $625,000 $625,000 $-125,000 $-125,000

Active Contract

Signing Team
Signing Date July 31, 2019
Agent Jay Grossman
Entry Level Contract | 3 Years $2,360,001 0.98% of cap space
2019-2020 2020-2021 2021-2022 2022-2023
Cap Hit $795,833 $786,667 $786,667 $786,667
RFA
AAV $795,833 $786,667 $786,667 $786,667
Performance Bonuses $0 $0 $0 $0
Base Salary $0 $700,000 $750,000 $750,000
Signing Bonuses $77,500 $77,500 $82,500 $0
Total Salary $77,500 $777,500 $832,500 $750,000
Minors Salary $0 $70,000 $70,000 $70,000
Clauses
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out Buy It Out