Paul Cotter buyout calculator, cap hit impact

Paul Cotter Buyout Cap Implications

Birthdate November 16, 1999

If Paul Cotter was bought out prior to the 2025-2026 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 25 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 $258,333
Remaining base salary
($775,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $129,167
(Total buyout cost/2 years)

Paul Cotter projected buyout 2025-2026 season
2025-2026 2026-2027
Remaining Base Salary
$775,000
$775,000 $0
Original Cap Hit $775,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($775,000) ($0)
Annual Buyout Cost $129,167 $129,167
ACTUAL CAP HIT Vegas Golden Knights logo $129,167 $129,167
Savings $645,833 $-129,167

Active Contract

Signing Team Vegas Golden Knights logo
Signing Date August 13, 2022
Signing Status RFA
Agent Keith McKittrick
Qualifying Offer on Expiry $813,750
Standard Contract | 3 Years $2,325,000 0.93% of cap space
2023-2024 2024-2025 2025-2026
Cap Hit $775,000 $775,000 $775,000
RFA
AAV $775,000 $775,000 $775,000
Performance Bonuses $0 $0 $0
Base Salary $775,000 $775,000 $775,000
Signing Bonuses $0 $0 $0
Total Salary $775,000 $775,000 $775,000
Minors Salary $125,000 $775,000 $775,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out
$200K Guaranteed in Yr 1