Sean Couturier buyout calculator, cap hit impact

Sean Couturier Buyout Cap Implications

Birthdate December 7, 1992

If Sean Couturier was bought out prior to the 2028-2029 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 35 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 $2,000,000
Remaining base salary
($3,000,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $500,000
(Total buyout cost/4 years)

Sean Couturier projected buyout 2028-2029 season
2028-2029 2029-2030 2030-2031 2031-2032
Remaining Base Salary
$3,000,000
$1,500,000 $1,500,000 $0 $0
Original Cap Hit $7,750,000 $7,750,000 $0 $0
Contract Signing Bonus $5,000,000 $5,000,000 $0 $0
Contract Total Salary ($6,500,000) ($6,500,000) ($0) ($0)
Annual Buyout Cost $500,000 $500,000 $500,000 $500,000
ACTUAL CAP HIT Philadelphia Flyers logo $6,750,000 $6,750,000 $500,000 $500,000
Savings $1,000,000 $1,000,000 $-500,000 $-500,000

Active Contract

Signing Team Philadelphia Flyers logo
Signing Date August 26, 2021
Signing Status UFA
Agent Erik Lupien
View Player Profile
Potential Lockout Year
Standard Contract | 8 Years $62,000,000 9.28% of cap space
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030
Cap Hit $7,750,000 $7,750,000 $7,750,000 $7,750,000 $7,750,000 $7,750,000 $7,750,000 $7,750,000
UFA
AAV $7,750,000 $7,750,000 $7,750,000 $7,750,000 $7,750,000 $7,750,000 $7,750,000 $7,750,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $1,750,000 $4,000,000 $4,000,000 $4,000,000 $1,750,000 $1,500,000 $1,500,000 $1,500,000
Signing Bonuses $6,000,000 $5,000,000 $5,000,000 $5,000,000 $6,000,000 $5,000,000 $5,000,000 $5,000,000
Total Salary $7,750,000 $9,000,000 $9,000,000 $9,000,000 $7,750,000 $6,500,000 $6,500,000 $6,500,000
Minors Salary $7,750,000 $9,000,000 $9,000,000 $9,000,000 $7,750,000 $6,500,000 $6,500,000 $6,500,000
Clauses NMC NMC NMC NMC NMC NMC NMC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
No Move Clause – effective through 2028-29 season; Modified Trade Clause – 2029-30 season – 10 team trade list