Robin Salo buyout calculator, cap hit impact

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Robin Salo Buyout Cap Implications

Birthdate October 13, 1998

If Robin Salo 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 23 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 $533,333
Remaining base salary
($1,600,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $133,333
(Total buyout cost/4 years)

Robin Salo projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$1,600,000
$750,000 $850,000 $0 $0
Original Cap Hit $800,000 $800,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($750,000) ($850,000) ($0) ($0)
Annual Buyout Cost $133,333 $133,333 $133,333 $133,333
ACTUAL CAP HIT New York Islanders logo $183,333 $83,333 $133,333 $133,333
Savings $616,667 $716,667 $-133,333 $-133,333

Active Contract

Signing Team New York Islanders logo
Signing Date July 9, 2022
Signing Status RFA
Agent Lewis Gross
Standard Contract | 2 Years $1,600,000 0.97% of cap space
2022-2023 2023-2024
Cap Hit $800,000 $800,000
RFA
AAV $800,000 $800,000
Performance Bonuses $0 $0
Base Salary $750,000 $850,000
Signing Bonuses $0 $0
Total Salary $750,000 $850,000
Minors Salary $750,000 $850,000
Clauses
UFA Year
Buy It Out Buy It Out