Robin Salo buyout calculator, cap hit impact

Robin Salo Buyout Cap Implications

Birthdate October 13, 1998

If Robin Salo 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 21 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 $500,000
Remaining base salary
($1,500,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $125,000
(Total buyout cost/4 years)

Robin Salo projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024
Remaining Base Salary
$1,500,000
$700,000 $800,000 $0 $0
Original Cap Hit $842,500 $842,500 $0 $0
Contract Signing Bonus $92,500 $92,500 $0 $0
Contract Total Salary ($792,500) ($892,500) ($0) ($0)
Annual Buyout Cost $125,000 $125,000 $125,000 $125,000
ACTUAL CAP HIT New York Islanders logo $267,500 $167,500 $125,000 $125,000
Savings $575,000 $675,000 $-125,000 $-125,000

Active Contract

Signing Team
Signing Date February 12, 2021
Entry Level Contract | 2 Years $1,685,000 1.03% of cap space
2020-2021 2021-2022
Cap Hit $842,500 $842,500
RFA
AAV $925,000 $925,000
Performance Bonuses $132,500 $32,500
Base Salary $700,000 $800,000
Signing Bonuses $92,500 $92,500
Total Salary $792,500 $892,500
Minors Salary $70,000 $70,000
Clauses
UFA Year
Buy It Out Buy It Out