Robert Bortuzzo buyout calculator, cap hit impact

Robert Bortuzzo Buyout Cap Implications

Birthdate March 18, 1989

If Robert Bortuzzo 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 31 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 $1,833,333
Remaining base salary
($2,750,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $458,333
(Total buyout cost/4 years)

Robert Bortuzzo projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024
Remaining Base Salary
$2,750,000
$1,375,000 $1,375,000 $0 $0
Original Cap Hit $1,375,000 $1,375,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($1,375,000) ($1,375,000) ($0) ($0)
Annual Buyout Cost $458,333 $458,333 $458,333 $458,333
ACTUAL CAP HIT St. Louis Blues logo $458,333 $458,333 $458,333 $458,333
Savings $916,667 $916,667 $-458,333 $-458,333

Active Contract

Signing Team
Signing Date December 15, 2018
Signing Status UFA
Agent Robert Hooper
Standard Contract | 3 Years $4,125,000 1.69% of cap space
2019-2020 2020-2021 2021-2022
Cap Hit $1,375,000 $1,375,000 $1,375,000
UFA
AAV $1,375,000 $1,375,000 $1,375,000
Performance Bonuses $0 $0 $0
Base Salary $1,375,000 $1,375,000 $1,375,000
Signing Bonuses $0 $0 $0
Total Salary $1,375,000 $1,375,000 $1,375,000
Minors Salary $1,375,000 $1,375,000 $1,375,000
Clauses
UFA Year
Buy It Out Buy It Out