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 2023-2024 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 24 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 $283,333
Remaining base salary
($850,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $141,667
(Total buyout cost/2 years)

Robin Salo projected buyout 2023-2024 season
2023-2024 2024-2025
Remaining Base Salary
$850,000
$850,000 $0
Original Cap Hit $800,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($850,000) ($0)
Annual Buyout Cost $141,667 $141,667
ACTUAL CAP HIT New York Islanders logo $91,667 $141,667
Savings $708,333 $-141,667

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