Sam Lafferty buyout calculator, cap hit impact

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Sam Lafferty Buyout Cap Implications

Birthdate March 6, 1995

If Sam Lafferty 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 27 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 $1,533,333
Remaining base salary
($2,300,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $383,333
(Total buyout cost/4 years)

Sam Lafferty projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$2,300,000
$1,150,000 $1,150,000 $0 $0
Original Cap Hit $1,150,000 $1,150,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($1,150,000) ($1,150,000) ($0) ($0)
Annual Buyout Cost $383,333 $383,333 $383,333 $383,333
ACTUAL CAP HIT Chicago Blackhawks logo $383,333 $383,333 $383,333 $383,333
Savings $766,667 $766,667 $-383,333 $-383,333

Active Contract

Signing Team Chicago Blackhawks logo
Signing Date April 29, 2022
Signing Status UFA
Agent Pete Rutili
Standard Contract | 2 Years $2,300,000 1.39% of cap space
2022-2023 2023-2024
Cap Hit $1,150,000 $1,150,000
UFA
AAV $1,150,000 $1,150,000
Performance Bonuses $0 $0
Base Salary $1,150,000 $1,150,000
Signing Bonuses $0 $0
Total Salary $1,150,000 $1,150,000
Minors Salary $1,150,000 $1,150,000
Clauses
UFA Year
Buy It Out Buy It Out