Taro Hirose buyout calculator, cap hit impact
Taro Hirose Buyout Cap Implications
Birthdate June 30, 1996
If Taro Hirose was bought out prior to the 2022-2023 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 25 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 $566,667
Remaining base salary
($1,700,000 * 33% buyout multiplier).
2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)
Annual buyout cost of $141,667
(Total buyout cost/4 years)
Taro Hirose projected buyout 2022-2023 season
2022-2023
2023-2024
2024-2025
2025-2026
Remaining Base Salary
$1,700,000
$850,000
$850,000
$0
$0
Original Cap Hit
$850,000
$850,000
$0
$0
Contract Signing Bonus
$0
$0
$0
$0
Contract Total Salary
($850,000)
($850,000)
($0)
($0)
Annual Buyout Cost
$141,667
$141,667
$141,667
$141,667
ACTUAL CAP HIT 
$141,667
$141,667
$141,667
$141,667
Savings
$708,333
$708,333
$-141,667
$-141,667
Birthdate June 30, 1996
If Taro Hirose was bought out prior to the 2022-2023 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 25 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 $566,667
Remaining base salary
($1,700,000 * 33% buyout multiplier).
2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)
Annual buyout cost of $141,667
(Total buyout cost/4 years)
Taro Hirose projected buyout 2022-2023 season
| 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | |
|---|---|---|---|---|
| Remaining Base Salary $1,700,000 |
$850,000 | $850,000 | $0 | $0 |
| Original Cap Hit | $850,000 | $850,000 | $0 | $0 |
| Contract Signing Bonus | $0 | $0 | $0 | $0 |
| Contract Total Salary | ($850,000) | ($850,000) | ($0) | ($0) |
| Annual Buyout Cost | $141,667 | $141,667 | $141,667 | $141,667 |
| ACTUAL CAP HIT
|
$141,667 | $141,667 | $141,667 | $141,667 |
| Savings | $708,333 | $708,333 | $-141,667 | $-141,667 |
Active Contract
Standard Contract | 2 Years $1,700,000 1.03% of cap space
| 2022-2023 | 2023-2024 | ||
|---|---|---|---|
| Cap Hit | $850,000 | $850,000 | UFA |
| AAV | $850,000 | $850,000 | |
| Performance Bonuses | $0 | $0 | |
| Base Salary | $850,000 | $850,000 | |
| Signing Bonuses | $0 | $0 | |
| Total Salary | $850,000 | $850,000 | |
| Minors Salary | $325,000 | $350,000 | |
| Clauses | |||
| UFA Year | |||
| Buy It Out | Buy It Out | ||
| Yr 1 350K Guaranteed, Yr 2 375K Guaranteed | |||