Martin Marincin buyout calculator, cap hit impact
Martin Marincin Buyout Cap Implications
Birthdate February 18, 1992
If Martin Marincin 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 28 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 $466,667
Remaining base salary
($700,000 * 67% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $233,333
(Total buyout cost/2 years)
Martin Marincin projected buyout 2020-2021 season
2020-2021
2021-2022
Remaining Base Salary
$700,000
$700,000
$0
Original Cap Hit
$700,000
$0
Contract Signing Bonus
$0
$0
Contract Total Salary
($700,000)
($0)
Annual Buyout Cost
$233,333
$233,333
ACTUAL CAP HIT 
$233,333
$233,333
Savings
$466,667
$-233,333
Birthdate February 18, 1992
If Martin Marincin 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 28 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 $466,667
Remaining base salary
($700,000 * 67% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $233,333
(Total buyout cost/2 years)
Martin Marincin projected buyout 2020-2021 season
| 2020-2021 | 2021-2022 | |
|---|---|---|
| Remaining Base Salary $700,000 |
$700,000 | $0 |
| Original Cap Hit | $700,000 | $0 |
| Contract Signing Bonus | $0 | $0 |
| Contract Total Salary | ($700,000) | ($0) |
| Annual Buyout Cost | $233,333 | $233,333 |
| ACTUAL CAP HIT
|
$233,333 | $233,333 |
| Savings | $466,667 | $-233,333 |