Pavel Francouz buyout calculator, cap hit impact

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Pavel Francouz Buyout Cap Implications

Birthdate June 3, 1990

If Pavel Francouz was bought out prior to the 2022-2023 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 32 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 $2,666,667
Remaining base salary
($4,000,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $666,667
(Total buyout cost/4 years)

Pavel Francouz projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$4,000,000
$2,250,000 $1,750,000 $0 $0
Original Cap Hit $2,000,000 $2,000,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($2,250,000) ($1,750,000) ($0) ($0)
Annual Buyout Cost $666,667 $666,667 $666,667 $666,667
ACTUAL CAP HIT Colorado Avalanche logo $416,667 $916,667 $666,667 $666,667
Savings $1,583,333 $1,083,333 $-666,667 $-666,667

Active Contract

Signing Team Colorado Avalanche logo
Signing Date March 12, 2022
Signing Status UFA
Agent Craig Oster
Standard Contract | 2 Years $4,000,000 2.42% of cap space
2022-2023 2023-2024
Cap Hit $2,000,000 $2,000,000
UFA
AAV $2,000,000 $2,000,000
Performance Bonuses $0 $0
Base Salary $2,250,000 $1,750,000
Signing Bonuses $0 $0
Total Salary $2,250,000 $1,750,000
Minors Salary $2,250,000 $1,750,000
Clauses
UFA Year
Buy It Out Buy It Out