Nolan Allan buyout calculator, cap hit impact

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Nolan Allan Buyout Cap Implications

Birthdate April 28, 2003

If Nolan Allan was bought out prior to the 2024-2025 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 21 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 $277,500
Remaining base salary
($832,500 * 33% buyout multiplier)
.

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

Annual buyout cost of $138,750
(Total buyout cost/2 years)

Nolan Allan projected buyout 2024-2025 season
2024-2025 2025-2026
Remaining Base Salary
$832,500
$832,500 $0
Original Cap Hit $847,500 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($832,500) ($0)
Annual Buyout Cost $138,750 $138,750
ACTUAL CAP HIT Chicago Blackhawks logo $153,750 $138,750
Savings $693,750 $-138,750

Active Contract

Signing Team Chicago Blackhawks logo
Signing Date September 16, 2021
Agent Jason Davidson
Entry Level Contract | 3 Years $2,542,500 1.05% of cap space
2021-2022 2022-2023 2023-2024 2024-2025
Cap Hit $870,000 $847,500 $847,500 $847,500
RFA
AAV $925,000 $902,500 $902,500 $902,500
Performance Bonuses $0 $82,500 $82,500 $0
Base Salary $0 $750,000 $775,000 $832,500
Signing Bonuses $92,500 $92,500 $92,500 $0
Total Salary $92,500 $842,500 $867,500 $832,500
Minors Salary $0 $80,000 $80,000 $80,000
Clauses
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