Pyotr Kochetkov buyout calculator, cap hit impact

Pyotr Kochetkov Buyout Cap Implications

Birthdate June 25, 1999

If Pyotr Kochetkov was bought out prior to the 2023-2024 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 $2,500,000
Remaining base salary
($7,500,000 * 33% buyout multiplier)
.

4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)

Annual buyout cost of $312,500
(Total buyout cost/8 years)

Pyotr Kochetkov projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031
Remaining Base Salary
$7,500,000
$1,500,000 $1,750,000 $1,750,000 $2,500,000 $0 $0 $0 $0
Original Cap Hit $2,000,000 $2,000,000 $2,000,000 $2,000,000 $0 $0 $0 $0
Contract Signing Bonus $500,000 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($2,000,000) ($1,750,000) ($1,750,000) ($2,500,000) ($0) ($0) ($0) ($0)
Annual Buyout Cost $312,500 $312,500 $312,500 $312,500 $312,500 $312,500 $312,500 $312,500
ACTUAL CAP HIT Carolina Hurricanes logo $812,500 $562,500 $562,500 $-187,500 $312,500 $312,500 $312,500 $312,500
Savings $1,187,500 $1,437,500 $1,437,500 $2,187,500 $-312,500 $-312,500 $-312,500 $-312,500

Active Contract

Signing Team Carolina Hurricanes logo
Signing Date November 23, 2022
Signing Status RFA
Agent Daniel Milstein
View Player Profile
Potential Lockout Year
Standard Contract | 4 Years $8,000,000 2.40% of cap space
2023-2024 2024-2025 2025-2026 2026-2027
Cap Hit $2,000,000 $2,000,000 $2,000,000 $2,000,000
UFA
AAV $2,000,000 $2,000,000 $2,000,000 $2,000,000
Performance Bonuses $0 $0 $0 $0
Base Salary $1,500,000 $1,750,000 $1,750,000 $2,500,000
Signing Bonuses $500,000 $0 $0 $0
Total Salary $2,000,000 $1,750,000 $1,750,000 $2,500,000
Minors Salary $2,000,000 $1,750,000 $1,750,000 $2,500,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out