Nathan MacKinnon buyout calculator, cap hit impact

Nathan MacKinnon Buyout Cap Implications

Birthdate September 1, 1995

If Nathan MacKinnon was bought out prior to the 2022-2023 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 $4,566,667
Remaining base salary
($6,850,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $2,283,333
(Total buyout cost/2 years)

Nathan MacKinnon projected buyout 2022-2023 season
2022-2023 2023-2024
Remaining Base Salary
$6,850,000
$6,850,000 $0
Original Cap Hit $6,300,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($6,850,000) ($0)
Annual Buyout Cost $2,283,333 $2,283,333
ACTUAL CAP HIT Colorado Avalanche logo $1,733,333 $2,283,333
Savings $4,566,667 $-2,283,333

Active Contract

Signing Team
Signing Date July 8, 2016
Signing Status RFA
Agent Pat Brisson
Standard Contract | 7 Years $44,100,000 7.73% of cap space
2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023
Cap Hit $6,300,000 $6,300,000 $6,300,000 $6,300,000 $6,300,000 $6,300,000 $6,300,000
UFA
AAV $6,300,000 $6,300,000 $6,300,000 $6,300,000 $6,300,000 $6,300,000 $6,300,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0
Base Salary $5,000,000 $5,750,000 $6,750,000 $6,750,000 $6,150,000 $6,850,000 $6,850,000
Signing Bonuses $0 $0 $0 $0 $0 $0 $0
Total Salary $5,000,000 $5,750,000 $6,750,000 $6,750,000 $6,150,000 $6,850,000 $6,850,000
Minors Salary $5,000,000 $5,750,000 $6,750,000 $6,750,000 $6,150,000 $6,850,000 $6,850,000
Clauses M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out