Sebastian Aho buyout calculator, cap hit impact

Sebastian Aho Buyout Cap Implications

Birthdate July 26, 1997

If Sebastian Aho was bought out prior to the 2020-2021 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 22 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 $991,667
Remaining base salary
($2,975,000 * 33% buyout multiplier)
.

4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)

Annual buyout cost of $123,958
(Total buyout cost/8 years)

Sebastian Aho projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Remaining Base Salary
$2,975,000
$700,000 $750,000 $750,000 $775,000 $0 $0 $0 $0
Original Cap Hit $8,460,250 $8,460,250 $8,460,250 $8,460,250 $0 $0 $0 $0
Contract Signing Bonus $9,870,000 $6,950,000 $5,250,000 $5,250,000 $0 $0 $0 $0
Contract Total Salary ($10,570,000) ($7,700,000) ($6,000,000) ($6,025,000) ($0) ($0) ($0) ($0)
Annual Buyout Cost $123,958 $123,958 $123,958 $123,958 $123,958 $123,958 $123,958 $123,958
ACTUAL CAP HIT Carolina Hurricanes logo $7,884,208 $7,834,208 $7,834,208 $7,809,208 $123,958 $123,958 $123,958 $123,958
Savings $576,042 $626,042 $626,042 $651,042 $-123,958 $-123,958 $-123,958 $-123,958

Active Contract

Signing Team
Signing Date July 1, 2019
Signing Status RFA
Agent Mika Rautakallio
Standard Contract | 5 Years $42,295,000 10.37% of cap space
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024
Cap Hit $8,454,000 $8,460,250 $8,460,250 $8,460,250 $8,460,250
UFA
AAV $8,454,000 $8,460,250 $8,460,250 $8,460,250 $8,460,250
Performance Bonuses $0 $0 $0 $0 $0
Base Salary $700,000 $700,000 $750,000 $750,000 $775,000
Signing Bonuses $11,300,000 $9,870,000 $6,950,000 $5,250,000 $5,250,000
Total Salary $12,000,000 $10,570,000 $7,700,000 $6,000,000 $6,025,000
Minors Salary $12,000,000 $10,570,000 $7,700,000 $6,000,000 $6,025,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out