Nick Jensen buyout calculator, cap hit impact
Nick Jensen Buyout Cap Implications
Birthdate September 21, 1990
If Nick Jensen 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 31 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 $1,333,333
Remaining base salary
($2,000,000 * 67% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $666,667
(Total buyout cost/2 years)
Nick Jensen projected buyout 2022-2023 season
2022-2023
2023-2024
Remaining Base Salary
$2,000,000
$2,000,000
$0
Original Cap Hit
$2,500,000
$0
Contract Signing Bonus
$0
$0
Contract Total Salary
($2,000,000)
($0)
Annual Buyout Cost
$666,667
$666,667
ACTUAL CAP HIT 
$1,166,667
$666,667
Savings
$1,333,333
$-666,667
Birthdate September 21, 1990
If Nick Jensen 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 31 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 $1,333,333
Remaining base salary
($2,000,000 * 67% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $666,667
(Total buyout cost/2 years)
Nick Jensen projected buyout 2022-2023 season
| 2022-2023 | 2023-2024 | |
|---|---|---|
| Remaining Base Salary $2,000,000 |
$2,000,000 | $0 |
| Original Cap Hit | $2,500,000 | $0 |
| Contract Signing Bonus | $0 | $0 |
| Contract Total Salary | ($2,000,000) | ($0) |
| Annual Buyout Cost | $666,667 | $666,667 |
| ACTUAL CAP HIT
|
$1,166,667 | $666,667 |
| Savings | $1,333,333 | $-666,667 |
Active Contract
Standard Contract | 4 Years $10,000,000 3.07% of cap space
| 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | ||
|---|---|---|---|---|---|
| Cap Hit | $2,500,000 | $2,500,000 | $2,500,000 | $2,500,000 | UFA |
| AAV | $2,500,000 | $2,500,000 | $2,500,000 | $2,500,000 | |
| Performance Bonuses | $0 | $0 | $0 | $0 | |
| Base Salary | $2,500,000 | $2,000,000 | $2,500,000 | $2,000,000 | |
| Signing Bonuses | $500,000 | $0 | $500,000 | $0 | |
| Total Salary | $3,000,000 | $2,000,000 | $3,000,000 | $2,000,000 | |
| Minors Salary | $2,500,000 | $2,000,000 | $2,500,000 | $2,000,000 | |
| Clauses | |||||
| UFA Year | |||||
| Buy It Out | Buy It Out | Buy It Out | |||