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 2022-2023 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 21 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 $508,333
Remaining base salary
($1,525,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $127,083
(Total buyout cost/4 years)

Marcus Kallionkieli projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$1,525,000
$750,000 $775,000 $0 $0
Original Cap Hit $785,833 $785,833 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($750,000) ($775,000) ($0) ($0)
Annual Buyout Cost $127,083 $127,083 $127,083 $127,083
ACTUAL CAP HIT Vegas Golden Knights logo $162,916 $137,916 $127,083 $127,083
Savings $622,917 $647,917 $-127,083 $-127,083

Active Contract

Signing Team Vegas Golden Knights logo
Signing Date July 31, 2019
Agent Jay Grossman
Entry Level Contract | 3 Years $2,357,499 0.98% of cap space
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024
Cap Hit $795,833 $786,667 $785,833 $785,833 $785,833
RFA
AAV $795,833 $786,667 $785,833 $785,833 $785,833
Performance Bonuses $0 $0 $0 $0 $0
Base Salary $0 $0 $750,000 $750,000 $775,000
Signing Bonuses $77,500 $77,500 $82,500 $0 $0
Total Salary $77,500 $77,500 $832,500 $750,000 $775,000
Minors Salary $0 $0 $70,000 $70,000 $70,000
Clauses
ENTRY-LEVEL SLIDE
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out Buy It Out