Thomas Harley buyout calculator, cap hit impact

Thomas Harley Buyout Cap Implications

Birthdate August 19, 2001

If Thomas Harley was bought out prior to the 2019-2020 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 17 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 $832,500
Remaining base salary
($2,497,500 * 33% buyout multiplier)
.

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

Annual buyout cost of $104,063
(Total buyout cost/8 years)

Thomas Harley projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Remaining Base Salary
$2,497,500
$0 $832,500 $832,500 $832,500 $0 $0 $0 $0
Original Cap Hit $925,000 $894,167 $894,167 $894,167 $0 $0 $0 $0
Contract Signing Bonus $92,500 $92,500 $92,500 $0 $0 $0 $0 $0
Contract Total Salary ($92,500) ($925,000) ($925,000) ($832,500) ($0) ($0) ($0) ($0)
Annual Buyout Cost $104,063 $104,063 $104,063 $104,063 $104,063 $104,063 $104,063 $104,063
ACTUAL CAP HIT Dallas Stars logo $1,029,063 $165,730 $165,730 $165,730 $104,063 $104,063 $104,063 $104,063
Savings $-104,063 $728,438 $728,438 $728,438 $-104,063 $-104,063 $-104,063 $-104,063

Active Contract

Signing Team
Signing Date September 23, 2019
Agent Andrew Scott
View Player Profile
Potential Lockout Year
Entry Level Contract | 3 Years $2,682,501 1.13% of cap space
2019-2020 2020-2021 2021-2022 2022-2023
Cap Hit $925,000 $894,167 $894,167 $894,167
RFA
AAV $1,350,000 $1,319,167 $1,319,167 $1,319,167
Performance Bonuses $0 $212,500 $425,000 $637,500
Base Salary $0 $832,500 $832,500 $832,500
Signing Bonuses $92,500 $92,500 $92,500 $0
Total Salary $92,500 $925,000 $925,000 $832,500
Minors Salary $0 $70,000 $70,000 $70,000
Clauses
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out