Nazem Kadri buyout calculator, cap hit impact

Nazem Kadri Buyout Cap Implications

Birthdate October 6, 1990

If Nazem Kadri 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 28 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 $4,333,333
Remaining base salary
($6,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $722,222
(Total buyout cost/6 years)

Nazem Kadri projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$6,500,000
$2,500,000 $2,000,000 $2,000,000 $0 $0 $0
Original Cap Hit $4,500,000 $4,500,000 $4,500,000 $0 $0 $0
Contract Signing Bonus $2,000,000 $2,000,000 $2,000,000 $0 $0 $0
Contract Total Salary ($4,500,000) ($4,000,000) ($4,000,000) ($0) ($0) ($0)
Annual Buyout Cost $722,222 $722,222 $722,222 $722,222 $722,222 $722,222
ACTUAL CAP HIT Colorado Avalanche logo $2,722,222 $3,222,222 $3,222,222 $722,222 $722,222 $722,222
Savings $1,777,778 $1,277,778 $1,277,778 $-722,222 $-722,222 $-722,222

Active Contract

Signing Team
Signing Date April 13, 2016
Signing Status RFA
Agent Brian MacDonald
Standard Contract | 6 Years $27,000,000 5.52% of cap space
2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
Cap Hit $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000
UFA
AAV $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $3,000,000 $3,000,000 $2,500,000 $2,500,000 $2,000,000 $2,000,000
Signing Bonuses $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000
Total Salary $5,000,000 $5,000,000 $4,500,000 $4,500,000 $4,000,000 $4,000,000
Minors Salary $5,000,000 $5,000,000 $4,500,000 $4,500,000 $4,000,000 $4,000,000
Clauses M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out
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