Mason Marchment buyout calculator, cap hit impact

Mason Marchment Buyout Cap Implications

Birthdate March 6, 1995

If Mason Marchment 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 26 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 $533,333
Remaining base salary
($800,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $266,667
(Total buyout cost/2 years)

Mason Marchment projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$800,000
$800,000 $0
Original Cap Hit $800,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($800,000) ($0)
Annual Buyout Cost $266,667 $266,667
ACTUAL CAP HIT Florida Panthers logo $266,667 $266,667
Savings $533,333 $-266,667

Active Contract

Signing Team
Signing Date April 5, 2021
Signing Status RFA
Agent Paul Capizzano
Standard Contract | 1 Years $800,000 0.98% of cap space
2021-2022
Cap Hit $800,000
UFA
AAV $800,000
Performance Bonuses $0
Base Salary $800,000
Signing Bonuses $0
Total Salary $800,000
Minors Salary $800,000
Clauses
UFA Year
Buy It Out