Ryan Nugent-Hopkins buyout calculator, cap hit impact

Northstar Bets Northstar Bets

Ryan Nugent-Hopkins Buyout Cap Implications

Birthdate April 12, 1993

If Ryan Nugent-Hopkins 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 30 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 $16,666,667
Remaining base salary
($25,000,000 * 67% buyout multiplier)
.

6 years left in contract.
Buyout applied over 12 years
(2x years remaining on contract)

Annual buyout cost of $1,388,889
(Total buyout cost/12 years)

Ryan Nugent-Hopkins projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031 2031-2032 2032-2033 2033-2034 2034-2035
Remaining Base Salary
$25,000,000
$6,250,000 $6,250,000 $4,000,000 $2,250,000 $2,500,000 $3,750,000 $0 $0 $0 $0 $0 $0
Original Cap Hit $5,125,000 $5,125,000 $5,125,000 $5,125,000 $5,125,000 $5,125,000 $0 $0 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $2,000,000 $2,500,000 $1,250,000 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($6,250,000) ($6,250,000) ($6,000,000) ($4,750,000) ($3,750,000) ($3,750,000) ($0) ($0) ($0) ($0) ($0) ($0)
Annual Buyout Cost $1,388,889 $1,388,889 $1,388,889 $1,388,889 $1,388,889 $1,388,889 $1,388,889 $1,388,889 $1,388,889 $1,388,889 $1,388,889 $1,388,889
ACTUAL CAP HIT Edmonton Oilers logo $263,889 $263,889 $2,513,889 $4,263,889 $4,013,889 $2,763,889 $1,388,889 $1,388,889 $1,388,889 $1,388,889 $1,388,889 $1,388,889
Savings $4,861,111 $4,861,111 $2,611,111 $861,111 $1,111,111 $2,361,111 $-1,388,889 $-1,388,889 $-1,388,889 $-1,388,889 $-1,388,889 $-1,388,889

Active Contract

Signing Team Edmonton Oilers logo
Signing Date June 29, 2021
Signing Status UFA
Agent Rick Valette
View Player Profile
Potential Lockout Year
Standard Contract | 8 Years $41,000,000 6.21% of cap space
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029
Cap Hit $5,125,000 $5,125,000 $5,125,000 $5,125,000 $5,125,000 $5,125,000 $5,125,000 $5,125,000
UFA
AAV $5,125,000 $5,125,000 $5,125,000 $5,125,000 $5,125,000 $5,125,000 $5,125,000 $5,125,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $5,000,000 $5,250,000 $6,250,000 $6,250,000 $4,000,000 $2,250,000 $2,500,000 $3,750,000
Signing Bonuses $0 $0 $0 $0 $2,000,000 $2,500,000 $1,250,000 $0
Total Salary $5,000,000 $5,250,000 $6,250,000 $6,250,000 $6,000,000 $4,750,000 $3,750,000 $3,750,000
Minors Salary $5,000,000 $5,250,000 $6,250,000 $6,250,000 $6,000,000 $4,750,000 $3,750,000 $3,750,000
Clauses NMC NMC NMC NMC NMC NMC NMC NMC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out