Oscar Klefbom buyout calculator, cap hit impact


Oscar Klefbom Buyout Cap Implications

Birthdate July 20, 1993

If Oscar Klefbom was bought out prior to the 2021-2022 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 27 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 $6,446,000
Remaining base salary
($9,669,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,611,500
(Total buyout cost/4 years)

Oscar Klefbom projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$9,669,000
$4,500,000 $5,169,000 $0 $0
Original Cap Hit $4,167,000 $4,167,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($4,500,000) ($5,169,000) ($0) ($0)
Annual Buyout Cost $1,611,500 $1,611,500 $1,611,500 $1,611,500
ACTUAL CAP HIT Edmonton Oilers logo $1,278,500 $609,500 $1,611,500 $1,611,500
Savings $2,888,500 $3,557,500 $-1,611,500 $-1,611,500

Active Contract

Signing Team
Signing Date September 19, 2015
Signing Status RFA
Agent J.P. Barry
View Player Profile
Potential Lockout Year
Standard Contract | 7 Years $29,169,000 5.11% of cap space
2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023
Cap Hit $4,167,000 $4,167,000 $4,167,000 $4,167,000 $4,167,000 $4,167,000 $4,167,000
UFA
AAV $4,167,000 $4,167,000 $4,167,000 $4,167,000 $4,167,000 $4,167,000 $4,167,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0
Base Salary $3,000,000 $3,500,000 $4,000,000 $4,500,000 $4,500,000 $4,500,000 $5,169,000
Signing Bonuses $0 $0 $0 $0 $0 $0 $0
Total Salary $3,000,000 $3,500,000 $4,000,000 $4,500,000 $4,500,000 $4,500,000 $5,169,000
Minors Salary $3,000,000 $3,500,000 $4,000,000 $4,500,000 $4,500,000 $4,500,000 $5,169,000
Clauses M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out