Marian Gaborik buyout calculator, cap hit impact
Marian Gaborik Buyout Cap Implications
Birthdate February 14, 1982
If Marian Gaborik 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 38 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 $2,050,000
Remaining base salary
($3,075,000 * 67% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $1,025,000
(Total buyout cost/2 years)
Marian Gaborik projected buyout 2020-2021 season
2020-2021
2021-2022
Remaining Base Salary
$3,075,000
$3,075,000
$0
Original Cap Hit
$4,875,000
$0
Contract Signing Bonus
$0
$0
Contract Total Salary
($3,075,000)
($0)
Annual Buyout Cost
$1,025,000
$1,025,000
ACTUAL CAP HIT 
$2,825,000
$1,025,000
Savings
$2,050,000
$-1,025,000
Birthdate February 14, 1982
If Marian Gaborik 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 38 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 $2,050,000
Remaining base salary
($3,075,000 * 67% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $1,025,000
(Total buyout cost/2 years)
Marian Gaborik projected buyout 2020-2021 season
| 2020-2021 | 2021-2022 | |
|---|---|---|
| Remaining Base Salary $3,075,000 |
$3,075,000 | $0 |
| Original Cap Hit | $4,875,000 | $0 |
| Contract Signing Bonus | $0 | $0 |
| Contract Total Salary | ($3,075,000) | ($0) |
| Annual Buyout Cost | $1,025,000 | $1,025,000 |
| ACTUAL CAP HIT
|
$2,825,000 | $1,025,000 |
| Savings | $2,050,000 | $-1,025,000 |