Nicolas Aube-Kubel buyout calculator, cap hit impact

Nicolas Aube-Kubel Buyout Cap Implications

Birthdate May 10, 1996

If Nicolas Aube-Kubel 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 $408,333
Remaining base salary
($1,225,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $204,167
(Total buyout cost/2 years)

Nicolas Aube-Kubel projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$1,225,000
$1,225,000 $0
Original Cap Hit $1,075,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($1,225,000) ($0)
Annual Buyout Cost $204,167 $204,167
ACTUAL CAP HIT Philadelphia Flyers logo $54,167 $204,167
Savings $1,020,833 $-204,167

Active Contract

Signing Team
Signing Date September 17, 2020
Signing Status RFA
Agent Kent Hughes
Standard Contract | 2 Years $2,150,000 1.32% of cap space
2020-2021 2021-2022
Cap Hit $1,075,000 $1,075,000
RFA
AAV $1,075,000 $1,075,000
Performance Bonuses $0 $0
Base Salary $925,000 $1,225,000
Signing Bonuses $0 $0
Total Salary $925,000 $1,225,000
Minors Salary $925,000 $1,225,000
Clauses
UFA Year
Buy It Out Buy It Out