Robert Bortuzzo buyout calculator, cap hit impact

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Robert Bortuzzo Buyout Cap Implications

Birthdate March 18, 1989

If Robert Bortuzzo 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 33 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 $1,266,667
Remaining base salary
($1,900,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $316,667
(Total buyout cost/4 years)

Robert Bortuzzo projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$1,900,000
$950,000 $950,000 $0 $0
Original Cap Hit $950,000 $950,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($950,000) ($950,000) ($0) ($0)
Annual Buyout Cost $316,667 $316,667 $316,667 $316,667
ACTUAL CAP HIT St. Louis Blues logo $316,667 $316,667 $316,667 $316,667
Savings $633,333 $633,333 $-316,667 $-316,667

Active Contract

Signing Team St. Louis Blues logo
Signing Date February 8, 2022
Signing Status UFA
Agent Robert Hooper
Standard Contract | 2 Years $1,900,000 1.15% of cap space
2022-2023 2023-2024
Cap Hit $950,000 $950,000
UFA
AAV $950,000 $950,000
Performance Bonuses $0 $0
Base Salary $950,000 $950,000
Signing Bonuses $0 $0
Total Salary $950,000 $950,000
Minors Salary $950,000 $950,000
Clauses
UFA Year
Buy It Out Buy It Out