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 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 31 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 $11,666,667
Remaining base salary
($17,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,944,444
(Total buyout cost/6 years)

Max Pacioretty projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$17,500,000
$7,000,000 $5,250,000 $5,250,000 $0 $0 $0
Original Cap Hit $7,000,000 $7,000,000 $7,000,000 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0
Contract Total Salary ($7,000,000) ($5,250,000) ($5,250,000) ($0) ($0) ($0)
Annual Buyout Cost $1,944,444 $1,944,444 $1,944,444 $1,944,444 $1,944,444 $1,944,444
ACTUAL CAP HIT Vegas Golden Knights logo $1,944,444 $3,694,444 $3,694,444 $1,944,444 $1,944,444 $1,944,444
Savings $5,055,556 $3,305,556 $3,305,556 $-1,944,444 $-1,944,444 $-1,944,444

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
10 team no trade list