Nolan Allan buyout calculator, cap hit impact

Nolan Allan Buyout Cap Implications

Birthdate April 28, 2003

If Nolan Allan 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 19 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 $794,167
Remaining base salary
($2,382,500 * 33% buyout multiplier)
.

4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)

Annual buyout cost of $99,271
(Total buyout cost/8 years)

Nolan Allan projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030
Remaining Base Salary
$2,382,500
$0 $775,000 $775,000 $832,500 $0 $0 $0 $0
Original Cap Hit $847,500 $825,000 $825,000 $825,000 $0 $0 $0 $0
Contract Signing Bonus $92,500 $92,500 $0 $0 $0 $0 $0 $0
Contract Total Salary ($92,500) ($867,500) ($775,000) ($832,500) ($0) ($0) ($0) ($0)
Annual Buyout Cost $99,271 $99,271 $99,271 $99,271 $99,271 $99,271 $99,271 $99,271
ACTUAL CAP HIT Chicago Blackhawks logo $946,771 $149,271 $149,271 $91,771 $99,271 $99,271 $99,271 $99,271
Savings $-99,271 $675,729 $675,729 $733,229 $-99,271 $-99,271 $-99,271 $-99,271

Active Contract

Signing Team Chicago Blackhawks logo
Signing Date September 16, 2021
Agent Jason Davidson
Qualifying Offer on Expiry $874,125
Entry Level Contract | 3 Years $2,475,000 1.04% of cap space
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
Cap Hit $870,000 $847,500 $825,000 $825,000 $825,000
RFA
AAV $925,000 $902,500 $880,000 $880,000 $880,000
Performance Bonuses $0 $0 $82,500 $82,500 $0
Base Salary $0 $0 $775,000 $775,000 $832,500
Signing Bonuses $92,500 $92,500 $92,500 $0 $0
Total Salary $92,500 $92,500 $867,500 $775,000 $832,500
Minors Salary $0 $0 $80,000 $80,000 $80,000
Clauses
ENTRY-LEVEL SLIDE
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out Buy It Out
GP Bonus: 25K Bonus @ 5 GP, 57.5K Bonus @ 10 GP