Pius Suter buyout calculator, cap hit impact

Pius Suter Buyout Cap Implications

Birthdate May 24, 1996

If Pius Suter was bought out prior to the 2020-2021 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 24 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 $308,333
Remaining base salary
($925,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $154,167
(Total buyout cost/2 years)

Pius Suter projected buyout 2020-2021 season
2020-2021 2021-2022
Remaining Base Salary
$925,000
$925,000 $0
Original Cap Hit $925,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($925,000) ($0)
Annual Buyout Cost $154,167 $154,167
ACTUAL CAP HIT Chicago Blackhawks logo $154,167 $154,167
Savings $770,833 $-154,167

Active Contract

Signing Team
Signing Date July 16, 2020
Agent Georges Mueller
Entry Level Contract | 1 Years $925,000 1.13% of cap space
2020-2021
Cap Hit $925,000
RFA
AAV $1,775,000
Performance Bonuses $850,000
Base Salary $925,000
Signing Bonuses $0
Total Salary $925,000
Minors Salary $70,000
Clauses
UFA Year
Buy It Out