Thomas Chabot buyout calculator, cap hit impact

Thomas Chabot Buyout Cap Implications

Birthdate January 30, 1997

If Thomas Chabot was bought out prior to the 2025-2026 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 28 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 $18,666,667
Remaining base salary
($28,000,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $3,111,111
(Total buyout cost/6 years)

Thomas Chabot projected buyout 2025-2026 season
2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031
Remaining Base Salary
$28,000,000
$10,000,000 $10,000,000 $8,000,000 $0 $0 $0
Original Cap Hit $8,000,000 $8,000,000 $8,000,000 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0
Contract Total Salary ($10,000,000) ($10,000,000) ($8,000,000) ($0) ($0) ($0)
Annual Buyout Cost $3,111,111 $3,111,111 $3,111,111 $3,111,111 $3,111,111 $3,111,111
ACTUAL CAP HIT Ottawa Senators logo $1,111,111 $1,111,111 $3,111,111 $3,111,111 $3,111,111 $3,111,111
Savings $6,888,889 $6,888,889 $4,888,889 $-3,111,111 $-3,111,111 $-3,111,111

Active Contract

Signing Team Ottawa Senators logo
Signing Date September 19, 2019
Signing Status RFA
Agent Ian Pulver
View Player Profile
Potential Lockout Year
Standard Contract | 8 Years $64,000,000 9.82% of cap space
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Cap Hit $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000
UFA
AAV $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000 $8,000,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $7,000,000 $7,000,000 $4,000,000 $8,000,000 $10,000,000 $10,000,000 $10,000,000 $8,000,000
Signing Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Total Salary $7,000,000 $7,000,000 $4,000,000 $8,000,000 $10,000,000 $10,000,000 $10,000,000 $8,000,000
Minors Salary $7,000,000 $7,000,000 $4,000,000 $8,000,000 $10,000,000 $10,000,000 $10,000,000 $8,000,000
Clauses M-NTC M-NTC M-NTC 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
10 Team No Trade Clause