Patrick Marleau buyout calculator, cap hit impact

Patrick Marleau Buyout Cap Implications

Birthdate September 15, 1979

Patrick Marleau was bought by Carolina Hurricanes logo out prior to the 2019-2020 season.

The annual cap hit of a buyout is calculated year by year as follows:

  • Over 35 contracts are applied at 100% of the value over the exact years left.

He was 39 years old at the buyout giving him a 100% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost was $1,250,000
Remaining base salary
($1,250,000 * 100% buyout multiplier)
.

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

Annual buyout cost of $1,250,000
(Total buyout cost/1 years)

Patrick Marleau buyout details 2019-2020 season
2019-2020
Remaining Base Salary
$1,250,000
$1,250,000
Original Cap Hit $6,250,000
Contract Signing Bonus $3,000,000
Contract Total Salary ($4,250,000)
Annual Buyout Cost $1,250,000
ACTUAL CAP HIT Carolina Hurricanes logo $6,250,000
Savings $0