Max Pacioretty buyout calculator, cap hit impact

Max Pacioretty Buyout Cap Implications

Birthdate November 20, 1988

If Max Pacioretty was bought out prior to the 2019-2020 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 30 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 $18,666,667
Remaining base salary
($28,000,000 * 67% buyout multiplier)
.

4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)

Annual buyout cost of $2,333,333
(Total buyout cost/8 years)

Max Pacioretty projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Remaining Base Salary
$28,000,000
$10,500,000 $7,000,000 $5,250,000 $5,250,000 $0 $0 $0 $0
Original Cap Hit $7,000,000 $7,000,000 $7,000,000 $7,000,000 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($10,500,000) ($7,000,000) ($5,250,000) ($5,250,000) ($0) ($0) ($0) ($0)
Annual Buyout Cost $2,333,333 $2,333,333 $2,333,333 $2,333,333 $2,333,333 $2,333,333 $2,333,333 $2,333,333
ACTUAL CAP HIT Vegas Golden Knights logo $-1,166,667 $2,333,333 $4,083,333 $4,083,333 $2,333,333 $2,333,333 $2,333,333 $2,333,333
Savings $8,166,667 $4,666,667 $2,916,667 $2,916,667 $-2,333,333 $-2,333,333 $-2,333,333 $-2,333,333

Active Contract

Signing Team
Signing Date September 10, 2018
Signing Status UFA
Agent Allan Walsh
Standard Contract | 4 Years $28,000,000 8.59% of cap space
2019-2020 2020-2021 2021-2022 2022-2023
Cap Hit $7,000,000 $7,000,000 $7,000,000 $7,000,000
UFA
AAV $7,000,000 $7,000,000 $7,000,000 $7,000,000
Performance Bonuses $0 $0 $0 $0
Base Salary $10,500,000 $7,000,000 $5,250,000 $5,250,000
Signing Bonuses $0 $0 $0 $0
Total Salary $10,500,000 $7,000,000 $5,250,000 $5,250,000
Minors Salary $10,500,000 $7,000,000 $5,250,000 $5,250,000
Clauses M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out
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