Pascal Laberge buyout calculator, cap hit impact

Pascal Laberge Buyout Cap Implications

Birthdate April 9, 1998

If Pascal Laberge was bought out prior to the 2019-2020 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 $508,333
Remaining base salary
($1,525,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $127,083
(Total buyout cost/4 years)

Pascal Laberge projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023
Remaining Base Salary
$1,525,000
$750,000 $775,000 $0 $0
Original Cap Hit $780,833 $780,833 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($750,000) ($775,000) ($0) ($0)
Annual Buyout Cost $127,083 $127,083 $127,083 $127,083
ACTUAL CAP HIT Philadelphia Flyers logo $157,916 $132,916 $127,083 $127,083
Savings $622,917 $647,917 $-127,083 $-127,083

Active Contract

Signing Team
Signing Date July 14, 2016
Agent Allan Walsh
Entry Level Contract | 5 Years $3,996,665 1.03% of cap space
2016-2017 2017-2018 2018-2019 2019-2020 2020-2021
Cap Hit $842,500 $811,666 $780,833 $780,833 $780,833
RFA
AAV $925,000 $894,166 $863,333 $863,333 $863,333
Performance Bonuses $0 $0 $107,500 $82,500 $57,500
Base Salary $0 $0 $725,000 $750,000 $775,000
Signing Bonuses $92,500 $92,500 $92,500 $0 $0
Total Salary $0 $0 $817,500 $750,000 $775,000
Minors Salary $0 $0 $70,000 $70,000 $70,000
Clauses
UFA Year
Buy It Out