Nick Schmaltz buyout calculator, cap hit impact
Nick Schmaltz Buyout Cap Implications
Birthdate February 23, 1996
If Nick Schmaltz was bought out prior to the 2021-2022 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 25 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 $10,316,667
Remaining base salary
($30,950,000 * 33% buyout multiplier).
5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)
Annual buyout cost of $1,031,667
(Total buyout cost/10 years)
Nick Schmaltz projected buyout 2021-2022 season

Birthdate February 23, 1996
If Nick Schmaltz was bought out prior to the 2021-2022 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 25 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 $10,316,667
Remaining base salary
($30,950,000 * 33% buyout multiplier).
5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)
Annual buyout cost of $1,031,667
(Total buyout cost/10 years)
Nick Schmaltz projected buyout 2021-2022 season
Active Contract
Standard Contract | 7 Years $40,950,000 7.18% of cap space
2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | ||
---|---|---|---|---|---|---|---|---|
Cap Hit | $5,850,000 | $5,850,000 | $5,850,000 | $5,850,000 | $5,850,000 | $5,850,000 | $5,850,000 | UFA |
AAV | $5,850,000 | $5,850,000 | $5,850,000 | $5,850,000 | $5,850,000 | $5,850,000 | $5,850,000 | |
Performance Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Base Salary | $2,500,000 | $3,000,000 | $5,000,000 | $4,500,000 | $7,500,000 | $6,950,000 | $7,000,000 | |
Signing Bonuses | $500,000 | $0 | $1,000,000 | $0 | $0 | $1,500,000 | $1,500,000 | |
Total Salary | $3,000,000 | $3,000,000 | $6,000,000 | $4,500,000 | $7,500,000 | $8,450,000 | $8,500,000 | |
Minors Salary | $3,000,000 | $3,000,000 | $6,500,000 | $4,500,000 | $7,500,000 | $8,450,000 | $8,500,000 | |
Clauses | M-NTC | M-NTC | M-NTC | |||||
UFA Year | ||||||||
Buy It Out | Buy It Out | Buy It Out | Buy It Out | Buy It Out | ||||
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