Nikita Zadorov buyout calculator, cap hit impact

Nikita Zadorov Buyout Cap Implications

Birthdate April 16, 1995

If Nikita Zadorov was bought out prior to the 2019-2020 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 $1,066,667
Remaining base salary
($3,200,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $533,333
(Total buyout cost/2 years)

Nikita Zadorov projected buyout 2019-2020 season
2020-2021 2021-2022
Remaining Base Salary
$3,200,000
$3,200,000 $0
Original Cap Hit $3,200,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($3,200,000) ($0)
Annual Buyout Cost $533,333 $533,333
ACTUAL CAP HIT Chicago Blackhawks logo $533,333 $533,333
Savings $2,666,667 $-533,333