Nicholas Caamano buyout calculator, cap hit impact

Nicholas Caamano Buyout Cap Implications

Birthdate September 7, 1998

If Nicholas Caamano 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 21 years old at the buyout giving him a 33% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost would be $241,667
Remaining base salary
($725,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $120,833
(Total buyout cost/2 years)

Nicholas Caamano projected buyout 2020-2021 season
2020-2021 2021-2022
Remaining Base Salary
$725,000
$725,000 $0
Original Cap Hit $738,333 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($725,000) ($0)
Annual Buyout Cost $120,833 $120,833
ACTUAL CAP HIT Dallas Stars logo $134,166 $120,833
Savings $604,167 $-120,833

Active Contract

Signing Team
Signing Date April 6, 2017
Agent Robert Hooper
Entry Level Contract | 3 Years $2,214,999 0.91% of cap space
2017-2018 2018-2019 2019-2020 2020-2021
Cap Hit $745,000 $738,333 $738,333 $738,333
RFA
AAV $745,000 $738,333 $738,333 $738,333
Performance Bonuses $0 $0 $0 $0
Base Salary $0 $650,000 $725,000 $725,000
Signing Bonuses $70,000 $70,000 $70,000 $0
Total Salary $70,000 $720,000 $795,000 $725,000
Minors Salary $0 $70,000 $70,000 $70,000
Clauses
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out