Timo Meier buyout calculator, cap hit impact
Timo Meier Buyout Cap Implications
Birthdate October 8, 1996
If Timo Meier 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 26 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 $23,466,667
Remaining base salary
($35,200,000 * 67% buyout multiplier).
8 years left in contract.
Buyout applied over 16 years
(2x years remaining on contract)
Annual buyout cost of $1,466,667
(Total buyout cost/16 years)
Timo Meier projected buyout 2022-2023 season
Birthdate October 8, 1996
If Timo Meier 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 26 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 $23,466,667
Remaining base salary
($35,200,000 * 67% buyout multiplier).
8 years left in contract.
Buyout applied over 16 years
(2x years remaining on contract)
Annual buyout cost of $1,466,667
(Total buyout cost/16 years)
Timo Meier projected buyout 2022-2023 season
Active Contract
Standard Contract | 8 Years $70,400,000 10.54% of cap space
2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | 2028-2029 | 2029-2030 | 2030-2031 | ||
---|---|---|---|---|---|---|---|---|---|
Cap Hit | $8,800,000 | $8,800,000 | $8,800,000 | $8,800,000 | $8,800,000 | $8,800,000 | $8,800,000 | $8,800,000 | UFA |
AAV | $8,800,000 | $8,800,000 | $8,800,000 | $8,800,000 | $8,800,000 | $8,800,000 | $8,800,000 | $8,800,000 | |
Performance Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Base Salary | $6,000,000 | $5,350,000 | $5,000,000 | $3,350,000 | $2,200,000 | $2,200,000 | $3,900,000 | $7,200,000 | |
Signing Bonuses | $6,000,000 | $5,750,000 | $5,750,000 | $4,400,000 | $5,000,000 | $5,000,000 | $3,300,000 | $0 | |
Total Salary | $12,000,000 | $11,100,000 | $10,750,000 | $7,750,000 | $7,200,000 | $7,200,000 | $7,200,000 | $7,200,000 | |
Minors Salary | $12,000,000 | $11,100,000 | $10,750,000 | $7,750,000 | $7,200,000 | $7,200,000 | $7,200,000 | $7,200,000 | |
Clauses | NMC | NMC | NMC | NMC | M-NTC
NMC |
M-NTC
NMC |
M-NTC
NMC |
||
UFA Year | |||||||||
Buy It Out | Buy It Out | Buy It Out | Buy It Out | Buy It Out | Buy It Out | Buy It Out | Buy It Out | ||
Yrs 2-5: NMC; Yrs 6-8: 15 team No Trade, NMC |