Nicolas Hague buyout calculator, cap hit impact

Nicolas Hague Buyout Cap Implications

Birthdate December 5, 1998

If Nicolas Hague was bought out prior to the 2023-2024 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 24 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 $1,158,333
Remaining base salary
($3,475,000 * 33% buyout multiplier)
.

2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)

Annual buyout cost of $289,583
(Total buyout cost/4 years)

Nicolas Hague projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027
Remaining Base Salary
$3,475,000
$775,000 $2,700,000 $0 $0
Original Cap Hit $2,294,150 $2,294,150 $0 $0
Contract Signing Bonus $707,450 $0 $0 $0
Contract Total Salary ($1,482,450) ($2,700,000) ($0) ($0)
Annual Buyout Cost $289,583 $289,583 $289,583 $289,583
ACTUAL CAP HIT Vegas Golden Knights logo $1,808,733 $-116,267 $289,583 $289,583
Savings $485,417 $2,410,417 $-289,583 $-289,583

Active Contract

Signing Team Vegas Golden Knights logo
Signing Date October 10, 2022
Signing Status RFA
Agent Murray Koontz
Qualifying Offer on Expiry $2,700,000
Standard Contract | 3 Years $6,882,450 2.75% of cap space
2022-2023 2023-2024 2024-2025
Cap Hit $2,294,150 $2,294,150 $2,294,150
RFA
AAV $2,294,150 $2,294,150 $2,294,150
Performance Bonuses $0 $0 $0
Base Salary $750,000 $775,000 $2,700,000
Signing Bonuses $1,950,000 $707,450 $0
Total Salary $2,700,000 $1,482,450 $2,700,000
Minors Salary $2,700,000 $1,482,450 $2,700,000
Clauses
UFA Year
Buy It Out Buy It Out