Noel Gunler buyout calculator, cap hit impact
Noel Gunler Buyout Cap Implications
Birthdate October 7, 2001
If Noel Gunler 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 20 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 $775,000
Remaining base salary
($2,325,000 * 33% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $129,167
(Total buyout cost/6 years)
Noel Gunler projected buyout 2022-2023 season
2022-2023
2023-2024
2024-2025
2025-2026
2026-2027
2027-2028
Remaining Base Salary
$2,325,000
$775,000
$775,000
$775,000
$0
$0
$0
Original Cap Hit
$862,500
$862,500
$862,500
$0
$0
$0
Contract Signing Bonus
$87,500
$87,500
$87,500
$0
$0
$0
Contract Total Salary
($862,500)
($862,500)
($862,500)
($0)
($0)
($0)
Annual Buyout Cost
$129,167
$129,167
$129,167
$129,167
$129,167
$129,167
ACTUAL CAP HIT 
$216,667
$216,667
$216,667
$129,167
$129,167
$129,167
Savings
$645,833
$645,833
$645,833
$-129,167
$-129,167
$-129,167
Birthdate October 7, 2001
If Noel Gunler 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 20 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 $775,000
Remaining base salary
($2,325,000 * 33% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $129,167
(Total buyout cost/6 years)
Noel Gunler projected buyout 2022-2023 season
| 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | |
|---|---|---|---|---|---|---|
| Remaining Base Salary $2,325,000 |
$775,000 | $775,000 | $775,000 | $0 | $0 | $0 |
| Original Cap Hit | $862,500 | $862,500 | $862,500 | $0 | $0 | $0 |
| Contract Signing Bonus | $87,500 | $87,500 | $87,500 | $0 | $0 | $0 |
| Contract Total Salary | ($862,500) | ($862,500) | ($862,500) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $129,167 | $129,167 | $129,167 | $129,167 | $129,167 | $129,167 |
| ACTUAL CAP HIT
|
$216,667 | $216,667 | $216,667 | $129,167 | $129,167 | $129,167 |
| Savings | $645,833 | $645,833 | $645,833 | $-129,167 | $-129,167 | $-129,167 |
Active Contract
Entry Level Contract | 3 Years $2,587,500 1.03% of cap space
| 2022-2023 | 2023-2024 | 2024-2025 | ||
|---|---|---|---|---|
| Cap Hit | $862,500 | $862,500 | $862,500 | RFA |
| AAV | $875,000 | $875,000 | $875,000 | |
| Performance Bonuses | $12,500 | $12,500 | $12,500 | |
| Base Salary | $775,000 | $775,000 | $775,000 | |
| Signing Bonuses | $87,500 | $87,500 | $87,500 | |
| Total Salary | $862,500 | $862,500 | $862,500 | |
| Minors Salary | $80,000 | $80,000 | $80,000 | |
| Clauses | ||||
| UFA Year | ||||
| Buy It Out | Buy It Out | |||