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 
$134,166
$120,833
Savings
$604,167
$-120,833
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
|
$134,166 | $120,833 |
| Savings | $604,167 | $-120,833 |
Active Contract
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 |
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| UFA Year | |||||
| Buy It Out | |||||