Samuel Knazko buyout calculator, cap hit impact

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Samuel Knazko Buyout Cap Implications

Birthdate August 7, 2002

If Samuel Knazko 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 20 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 $535,833
Remaining base salary
($1,607,500 * 33% buyout multiplier)
.

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

Annual buyout cost of $133,958
(Total buyout cost/4 years)

Samuel Knazko projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027
Remaining Base Salary
$1,607,500
$775,000 $832,500 $0 $0
Original Cap Hit $847,500 $847,500 $0 $0
Contract Signing Bonus $92,500 $0 $0 $0
Contract Total Salary ($867,500) ($832,500) ($0) ($0)
Annual Buyout Cost $133,958 $133,958 $133,958 $133,958
ACTUAL CAP HIT Columbus Blue Jackets logo $206,458 $148,958 $133,958 $133,958
Savings $641,042 $698,542 $-133,958 $-133,958

Active Contract

Signing Team Columbus Blue Jackets logo
Signing Date June 9, 2021
Entry Level Contract | 3 Years $2,542,500 1.05% of cap space
2021-2022 2022-2023 2023-2024 2024-2025
Cap Hit $870,000 $847,500 $847,500 $847,500
RFA
AAV $925,000 $902,500 $902,500 $902,500
Performance Bonuses $0 $82,500 $82,500 $0
Base Salary $0 $750,000 $775,000 $832,500
Signing Bonuses $92,500 $92,500 $92,500 $0
Total Salary $92,500 $842,500 $867,500 $832,500
Minors Salary $0 $80,000 $80,000 $80,000
Clauses
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out Buy It Out