Ryan Lindgren buyout calculator, cap hit impact

Ryan Lindgren Buyout Cap Implications

Birthdate February 11, 1998

If Ryan Lindgren 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 25 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 $1,333,333
Remaining base salary
($4,000,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $666,667
(Total buyout cost/2 years)

Ryan Lindgren projected buyout 2023-2024 season
2023-2024 2024-2025
Remaining Base Salary
$4,000,000
$4,000,000 $0
Original Cap Hit $3,000,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($4,000,000) ($0)
Annual Buyout Cost $666,667 $666,667
ACTUAL CAP HIT New York Rangers logo $-333,333 $666,667
Savings $3,333,333 $-666,667

Active Contract

Signing Team
Signing Date May 10, 2021
Signing Status RFA
Agent Wade Arnott
Standard Contract | 3 Years $9,000,000 3.68% of cap space
2021-2022 2022-2023 2023-2024
Cap Hit $3,000,000 $3,000,000 $3,000,000
RFA
AAV $3,000,000 $3,000,000 $3,000,000
Performance Bonuses $0 $0 $0
Base Salary $2,000,000 $3,000,000 $4,000,000
Signing Bonuses $0 $0 $0
Total Salary $2,000,000 $3,000,000 $4,000,000
Minors Salary $2,000,000 $3,000,000 $4,000,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out