Philipp Kurashev buyout calculator, cap hit impact


Philipp Kurashev Buyout Cap Implications

Birthdate October 12, 1999

If Philipp Kurashev 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 19 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 $750,000
Remaining base salary
($2,250,000 * 33% buyout multiplier)
.

3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)

Annual buyout cost of $125,000
(Total buyout cost/6 years)

Philipp Kurashev projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$2,250,000
$700,000 $750,000 $800,000 $0 $0 $0
Original Cap Hit $842,500 $842,500 $842,500 $0 $0 $0
Contract Signing Bonus $92,500 $92,500 $92,500 $0 $0 $0
Contract Total Salary ($792,500) ($842,500) ($892,500) ($0) ($0) ($0)
Annual Buyout Cost $125,000 $125,000 $125,000 $125,000 $125,000 $125,000
ACTUAL CAP HIT Chicago Blackhawks logo $267,500 $217,500 $167,500 $125,000 $125,000 $125,000
Savings $575,000 $625,000 $675,000 $-125,000 $-125,000 $-125,000

Active Contract

Signing Team
Signing Date March 12, 2019
Agent Igor Larionov
Entry Level Contract | 3 Years $2,527,500 1.03% of cap space
2019-2020 2020-2021 2021-2022
Cap Hit $842,500 $842,500 $842,500
RFA
AAV $842,500 $842,500 $842,500
Performance Bonuses $0 $0 $0
Base Salary $700,000 $750,000 $800,000
Signing Bonuses $92,500 $92,500 $92,500
Total Salary $792,500 $842,500 $892,500
Minors Salary $70,000 $70,000 $70,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out