Sam Reinhart buyout calculator, cap hit impact

Sam Reinhart Buyout Cap Implications

Birthdate November 6, 1995

If Sam Reinhart was bought out prior to the 2019-2020 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 23 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 $1,250,000
Remaining base salary
($3,750,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $625,000
(Total buyout cost/2 years)

Sam Reinhart projected buyout 2019-2020 season
2019-2020 2020-2021
Remaining Base Salary
$3,750,000
$3,750,000 $0
Original Cap Hit $3,650,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($3,750,000) ($0)
Annual Buyout Cost $625,000 $625,000
ACTUAL CAP HIT Buffalo Sabres logo $525,000 $625,000
Savings $3,125,000 $-625,000

Active Contract

Signing Team
Signing Date September 19, 2018
Signing Status RFA
Agent Craig Oster
Standard Contract | 2 Years $7,300,000 4.48% of cap space
2018-2019 2019-2020
Cap Hit $3,650,000 $3,650,000
RFA
AAV $3,650,000 $3,650,000
Performance Bonuses $0 $0
Base Salary $3,550,000 $3,750,000
Signing Bonuses $0 $0
Total Salary $3,550,000 $3,750,000
Minors Salary $3,550,000 $3,750,000
Clauses
UFA Year
Buy It Out