Shayne Gostisbehere buyout calculator, cap hit impact

Shayne Gostisbehere Buyout Cap Implications

Birthdate April 20, 1993

If Shayne Gostisbehere 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 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 $3,500,000
Remaining base salary
($5,250,000 * 67% buyout multiplier)
.

3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)

Annual buyout cost of $583,333
(Total buyout cost/6 years)

Shayne Gostisbehere projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$5,250,000
$3,250,000 $1,000,000 $1,000,000 $0 $0 $0
Original Cap Hit $4,500,000 $4,500,000 $4,500,000 $0 $0 $0
Contract Signing Bonus $0 $2,250,000 $2,250,000 $0 $0 $0
Contract Total Salary ($3,250,000) ($3,250,000) ($3,250,000) ($0) ($0) ($0)
Annual Buyout Cost $583,333 $583,333 $583,333 $583,333 $583,333 $583,333
ACTUAL CAP HIT Philadelphia Flyers logo $1,833,333 $4,083,333 $4,083,333 $583,333 $583,333 $583,333
Savings $2,666,667 $416,667 $416,667 $-583,333 $-583,333 $-583,333

Active Contract

Signing Team
Signing Date June 9, 2017
Signing Status RFA
Agent Marc Levine
View Player Profile
Potential Lockout Year
Standard Contract | 6 Years $27,000,000 5.52% of cap space
2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023
Cap Hit $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000
UFA
AAV $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $1,500,000 $6,000,000 $3,250,000 $3,250,000 $1,000,000 $1,000,000
Signing Bonuses $4,500,000 $0 $2,000,000 $0 $2,250,000 $2,250,000
Total Salary $6,000,000 $6,000,000 $5,250,000 $3,250,000 $3,250,000 $3,250,000
Minors Salary $6,000,000 $6,000,000 $5,250,000 $3,250,000 $3,250,000 $3,250,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out