Nathan Beaulieu buyout calculator, cap hit impact

Nathan Beaulieu Buyout Cap Implications

Birthdate December 5, 1992

If Nathan Beaulieu 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 27 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 $1,666,667
Remaining base salary
($2,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $416,667
(Total buyout cost/4 years)

Nathan Beaulieu projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024
Remaining Base Salary
$2,500,000
$1,250,000 $1,250,000 $0 $0
Original Cap Hit $1,250,000 $1,250,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($1,250,000) ($1,250,000) ($0) ($0)
Annual Buyout Cost $416,667 $416,667 $416,667 $416,667
ACTUAL CAP HIT Winnipeg Jets logo $416,667 $416,667 $416,667 $416,667
Savings $833,333 $833,333 $-416,667 $-416,667

Active Contract

Signing Team
Signing Date October 9, 2020
Signing Status UFA
Agent Kent Hughes
Standard Contract | 2 Years $2,500,000 1.53% of cap space
2020-2021 2021-2022
Cap Hit $1,250,000 $1,250,000
UFA
AAV $1,250,000 $1,250,000
Performance Bonuses $0 $0
Base Salary $1,250,000 $1,250,000
Signing Bonuses $0 $0
Total Salary $1,250,000 $1,250,000
Minors Salary $1,250,000 $1,250,000
Clauses
UFA Year
Buy It Out Buy It Out