Mark Stone buyout calculator, cap hit impact

Mark Stone Buyout Cap Implications

Birthdate May 13, 1992

If Mark Stone was bought out prior to the 2024-2025 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 32 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 $6,666,667
Remaining base salary
($10,000,000 * 67% buyout multiplier)
.

3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)

Annual buyout cost of $1,111,111
(Total buyout cost/6 years)

Mark Stone projected buyout 2024-2025 season
2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030
Remaining Base Salary
$10,000,000
$6,000,000 $3,000,000 $1,000,000 $0 $0 $0
Original Cap Hit $9,500,000 $9,500,000 $9,500,000 $0 $0 $0
Contract Signing Bonus $5,000,000 $5,000,000 $5,000,000 $0 $0 $0
Contract Total Salary ($11,000,000) ($8,000,000) ($6,000,000) ($0) ($0) ($0)
Annual Buyout Cost $1,111,111 $1,111,111 $1,111,111 $1,111,111 $1,111,111 $1,111,111
ACTUAL CAP HIT Vegas Golden Knights logo $4,611,111 $7,611,111 $9,611,111 $1,111,111 $1,111,111 $1,111,111
Savings $4,888,889 $1,888,889 $-111,111 $-1,111,111 $-1,111,111 $-1,111,111

Active Contract

Signing Team
Signing Date February 25, 2019
Signing Status UFA
Agent Craig Oster
View Player Profile
Potential Lockout Year
Standard Contract | 8 Years $76,000,000 11.66% of cap space
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Cap Hit $9,500,000 $9,500,000 $9,500,000 $9,500,000 $9,500,000 $9,500,000 $9,500,000 $9,500,000
UFA
AAV $9,500,000 $9,500,000 $9,500,000 $9,500,000 $9,500,000 $9,500,000 $9,500,000 $9,500,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $3,000,000 $1,000,000 $7,000,000 $1,000,000 $16,000,000 $6,000,000 $3,000,000 $1,000,000
Signing Bonuses $9,000,000 $7,000,000 $5,000,000 $7,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000
Total Salary $12,000,000 $8,000,000 $12,000,000 $8,000,000 $11,000,000 $11,000,000 $8,000,000 $6,000,000
Minors Salary $12,000,000 $8,000,000 $12,000,000 $8,000,000 $11,000,000 $11,000,000 $8,000,000 $6,000,000
Clauses NMC NMC NMC NMC NMC NMC NMC NMC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out