Robby Fabbri buyout calculator, cap hit impact

Robby Fabbri Buyout Cap Implications

Birthdate January 22, 1996

If Robby Fabbri was bought out prior to the 2021-2022 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 25 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 $1,033,333
Remaining base salary
($3,100,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $516,667
(Total buyout cost/2 years)

Robby Fabbri projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$3,100,000
$3,100,000 $0
Original Cap Hit $2,950,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($3,100,000) ($0)
Annual Buyout Cost $516,667 $516,667
ACTUAL CAP HIT Detroit Red Wings logo $366,667 $516,667
Savings $2,583,333 $-516,667

Active Contract

Signing Team
Signing Date August 24, 2020
Signing Status RFA
Agent Patrick Morris
Standard Contract | 2 Years $5,900,000 3.62% of cap space
2020-2021 2021-2022
Cap Hit $2,950,000 $2,950,000
RFA
AAV $2,950,000 $2,950,000
Performance Bonuses $0 $0
Base Salary $2,800,000 $3,100,000
Signing Bonuses $0 $0
Total Salary $2,800,000 $3,100,000
Minors Salary $2,800,000 $3,100,000
Clauses
UFA Year
Buy It Out