Patrick Brown buyout calculator, cap hit impact

Patrick Brown Buyout Cap Implications

Birthdate May 29, 1992

If Patrick Brown was bought out prior to the 2023-2024 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 31 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 $1,066,667
Remaining base salary
($1,600,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $266,667
(Total buyout cost/4 years)

Patrick Brown projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027
Remaining Base Salary
$1,600,000
$800,000 $800,000 $0 $0
Original Cap Hit $800,000 $800,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($800,000) ($800,000) ($0) ($0)
Annual Buyout Cost $266,667 $266,667 $266,667 $266,667
ACTUAL CAP HIT Boston Bruins logo $266,667 $266,667 $266,667 $266,667
Savings $533,333 $533,333 $-266,667 $-266,667

Active Contract

Signing Team Boston Bruins logo
Signing Date July 1, 2023
Signing Status UFA
Agent Ian Pulver
Standard Contract | 2 Years $1,600,000 0.96% of cap space
2023-2024 2024-2025
Cap Hit $800,000 $800,000
UFA
AAV $800,000 $800,000
Performance Bonuses $0 $0
Base Salary $800,000 $800,000
Signing Bonuses $0 $0
Total Salary $800,000 $800,000
Minors Salary $800,000 $800,000
Clauses
UFA Year
Buy It Out Buy It Out