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 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 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 $7,000,000
Remaining base salary
($10,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,750,000
(Total buyout cost/4 years)

Max Pacioretty projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$10,500,000
$5,250,000 $5,250,000 $0 $0
Original Cap Hit $7,000,000 $7,000,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($5,250,000) ($5,250,000) ($0) ($0)
Annual Buyout Cost $1,750,000 $1,750,000 $1,750,000 $1,750,000
ACTUAL CAP HIT Vegas Golden Knights logo $3,500,000 $3,500,000 $1,750,000 $1,750,000
Savings $3,500,000 $3,500,000 $-1,750,000 $-1,750,000

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