Rasmus Andersson buyout calculator, cap hit impact

Rasmus Andersson Buyout Cap Implications

Birthdate October 27, 1996

If Rasmus Andersson 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 23 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 $9,100,000
Remaining base salary
($27,300,000 * 33% buyout multiplier)
.

6 years left in contract.
Buyout applied over 12 years
(2x years remaining on contract)

Annual buyout cost of $758,333
(Total buyout cost/12 years)

Rasmus Andersson projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031 2031-2032
Remaining Base Salary
$27,300,000
$5,050,000 $4,050,000 $4,550,000 $4,550,000 $4,550,000 $4,550,000 $0 $0 $0 $0 $0 $0
Original Cap Hit $4,550,000 $4,550,000 $4,550,000 $4,550,000 $4,550,000 $4,550,000 $0 $0 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($5,050,000) ($4,050,000) ($4,550,000) ($4,550,000) ($4,550,000) ($4,550,000) ($0) ($0) ($0) ($0) ($0) ($0)
Annual Buyout Cost $758,333 $758,333 $758,333 $758,333 $758,333 $758,333 $758,333 $758,333 $758,333 $758,333 $758,333 $758,333
ACTUAL CAP HIT Calgary Flames logo $258,333 $1,258,333 $758,333 $758,333 $758,333 $758,333 $758,333 $758,333 $758,333 $758,333 $758,333 $758,333
Savings $4,291,667 $3,291,667 $3,791,667 $3,791,667 $3,791,667 $3,791,667 $-758,333 $-758,333 $-758,333 $-758,333 $-758,333 $-758,333

Active Contract

Signing Team
Signing Date January 8, 2020
Signing Status RFA
Agent Claude Lemieux
Standard Contract | 6 Years $27,300,000 5.58% of cap space
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
Cap Hit $4,550,000 $4,550,000 $4,550,000 $4,550,000 $4,550,000 $4,550,000
UFA
AAV $4,550,000 $4,550,000 $4,550,000 $4,550,000 $4,550,000 $4,550,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $5,050,000 $4,050,000 $4,550,000 $4,550,000 $4,550,000 $4,550,000
Signing Bonuses $0 $0 $0 $0 $0 $0
Total Salary $5,050,000 $4,050,000 $4,550,000 $4,550,000 $4,550,000 $4,550,000
Minors Salary $5,050,000 $4,050,000 $4,550,000 $4,550,000 $4,550,000 $4,550,000
Clauses M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
6 Team No Trade