Robby Fabbri buyout calculator, cap hit impact

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Robby Fabbri Buyout Cap Implications

Birthdate January 22, 1996

If Robby Fabbri was bought out prior to the 2022-2023 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 26 years old at the buyout giving him a 67% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost would be $7,666,667
Remaining base salary
($11,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,277,778
(Total buyout cost/6 years)

Robby Fabbri projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Remaining Base Salary
$11,500,000
$3,000,000 $4,250,000 $4,250,000 $0 $0 $0
Original Cap Hit $4,000,000 $4,000,000 $4,000,000 $0 $0 $0
Contract Signing Bonus $500,000 $0 $0 $0 $0 $0
Contract Total Salary ($3,500,000) ($4,250,000) ($4,250,000) ($0) ($0) ($0)
Annual Buyout Cost $1,277,778 $1,277,778 $1,277,778 $1,277,778 $1,277,778 $1,277,778
ACTUAL CAP HIT Detroit Red Wings logo $2,277,778 $1,027,778 $1,027,778 $1,277,778 $1,277,778 $1,277,778
Savings $1,722,222 $2,972,222 $2,972,222 $-1,277,778 $-1,277,778 $-1,277,778

Active Contract

Signing Team Detroit Red Wings logo
Signing Date December 13, 2021
Signing Status UFA
Agent Patrick Morris
Standard Contract | 3 Years $12,000,000 4.85% of cap space
2022-2023 2023-2024 2024-2025
Cap Hit $4,000,000 $4,000,000 $4,000,000
UFA
AAV $4,000,000 $4,000,000 $4,000,000
Performance Bonuses $0 $0 $0
Base Salary $3,000,000 $4,250,000 $4,250,000
Signing Bonuses $500,000 $0 $0
Total Salary $3,500,000 $4,250,000 $4,250,000
Minors Salary $3,500,000 $4,250,000 $4,250,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out