Ross Johnston buyout calculator, cap hit impact
Ross Johnston Buyout Cap Implications
Birthdate February 18, 1994
If Ross Johnston 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 29 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 $2,200,000
Remaining base salary
($3,300,000 * 67% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $366,667
(Total buyout cost/6 years)
Ross Johnston projected buyout 2023-2024 season
2023-2024
2024-2025
2025-2026
2026-2027
2027-2028
2028-2029
Remaining Base Salary
$3,300,000
$1,100,000
$1,100,000
$1,100,000
$0
$0
$0
Original Cap Hit
$1,100,000
$1,100,000
$1,100,000
$0
$0
$0
Contract Signing Bonus
$0
$0
$0
$0
$0
$0
Contract Total Salary
($1,100,000)
($1,100,000)
($1,100,000)
($0)
($0)
($0)
Annual Buyout Cost
$366,667
$366,667
$366,667
$366,667
$366,667
$366,667
ACTUAL CAP HIT 
$366,667
$366,667
$366,667
$366,667
$366,667
$366,667
Savings
$733,333
$733,333
$733,333
$-366,667
$-366,667
$-366,667
Birthdate February 18, 1994
If Ross Johnston 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 29 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 $2,200,000
Remaining base salary
($3,300,000 * 67% buyout multiplier).
3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)
Annual buyout cost of $366,667
(Total buyout cost/6 years)
Ross Johnston projected buyout 2023-2024 season
| 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | 2028-2029 | |
|---|---|---|---|---|---|---|
| Remaining Base Salary $3,300,000 |
$1,100,000 | $1,100,000 | $1,100,000 | $0 | $0 | $0 |
| Original Cap Hit | $1,100,000 | $1,100,000 | $1,100,000 | $0 | $0 | $0 |
| Contract Signing Bonus | $0 | $0 | $0 | $0 | $0 | $0 |
| Contract Total Salary | ($1,100,000) | ($1,100,000) | ($1,100,000) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $366,667 | $366,667 | $366,667 | $366,667 | $366,667 | $366,667 |
| ACTUAL CAP HIT
|
$366,667 | $366,667 | $366,667 | $366,667 | $366,667 | $366,667 |
| Savings | $733,333 | $733,333 | $733,333 | $-366,667 | $-366,667 | $-366,667 |
Active Contract
Standard Contract | 4 Years $4,400,000 1.32% of cap space
| 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | ||
|---|---|---|---|---|---|
| Cap Hit | $1,100,000 | $1,100,000 | $1,100,000 | $1,100,000 | UFA |
| AAV | $1,100,000 | $1,100,000 | $1,100,000 | $1,100,000 | |
| Performance Bonuses | $0 | $0 | $0 | $0 | |
| Base Salary | $1,100,000 | $1,100,000 | $1,100,000 | $1,100,000 | |
| Signing Bonuses | $0 | $0 | $0 | $0 | |
| Total Salary | $1,100,000 | $1,100,000 | $1,100,000 | $1,100,000 | |
| Minors Salary | $1,100,000 | $1,100,000 | $1,100,000 | $1,100,000 | |
| Clauses | |||||
| UFA Year | |||||
| Buy It Out | Buy It Out | Buy It Out | |||