Oliver Ekman-Larsson buyout calculator, cap hit impact

Oliver Ekman-Larsson Buyout Cap Implications

Birthdate July 17, 1991

If Oliver Ekman-Larsson 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 30 years old at the buyout giving him a 67% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost would be $22,833,333
Remaining base salary
($34,250,000 * 67% buyout multiplier)
.

5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)

Annual buyout cost of $2,283,333
(Total buyout cost/10 years)

This contract has retained salary from a previous trade. The buyout costs, and savings are split between the teams as shown below
Oliver Ekman-Larsson projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031 2031-2032
Remaining Base Salary
$34,250,000
$5,250,000 $10,500,000 $8,000,000 $5,250,000 $5,250,000 $0 $0 $0 $0 $0
Original Cap Hit $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $0 $0 $0 $0 $0
Contract Signing Bonus $5,250,000 $0 $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($10,500,000) ($10,500,000) ($8,000,000) ($5,250,000) ($5,250,000) ($0) ($0) ($0) ($0) ($0)
Annual Buyout Cost $2,283,333 $2,283,333 $2,283,333 $2,283,333 $2,283,333 $2,283,333 $2,283,333 $2,283,333 $2,283,333 $2,283,333
ACTUAL CAP HIT Vancouver Canucks logo $4,649,333 $29,333 $2,229,333 $4,649,333 $4,649,333 $2,009,333 $2,009,333 $2,009,333 $2,009,333 $2,009,333
Savings $2,610,667 $7,230,667 $5,030,667 $2,610,667 $2,610,667 $-2,009,333 $-2,009,333 $-2,009,333 $-2,009,333 $-2,009,333
ACTUAL CAP HIT Arizona Coyotes logo $634,000 $4,000 $304,000 $634,000 $634,000 $274,000 $274,000 $274,000 $274,000 $274,000
Savings $356,000 $986,000 $686,000 $356,000 $356,000 $-274,000 $-274,000 $-274,000 $-274,000 $-274,000

Active Contract

Signing Team
Signing Date July 1, 2018
Signing Status UFA
Agent Kevin Epp
View Player Profile
Potential Lockout Year
Standard Contract | 8 Years $66,000,000 10.12% of cap space
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Cap Hit $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000
UFA
AAV $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000 $8,250,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $8,000,000 $4,000,000 $10,500,000 $5,250,000 $10,500,000 $8,000,000 $5,250,000 $5,250,000
Signing Bonuses $0 $4,000,000 $0 $5,250,000 $0 $0 $0 $0
Total Salary $8,000,000 $8,000,000 $10,500,000 $10,500,000 $10,500,000 $8,000,000 $5,250,000 $5,250,000
Minors Salary $8,000,000 $8,000,000 $10,500,000 $10,500,000 $10,500,000 $8,000,000 $5,250,000 $5,250,000
Clauses NMC NMC NMC NMC NMC NMC NMC NMC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
* Retained 12% of contract was retained by Arizona Coyotes in trade to Vancouver Canucks