Tucker Poolman buyout calculator, cap hit impact

Tucker Poolman Buyout Cap Implications

Birthdate June 8, 1993

If Tucker Poolman 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 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 $558,333
Remaining base salary
($1,675,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $139,583
(Total buyout cost/4 years)

Tucker Poolman projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023
Remaining Base Salary
$1,675,000
$825,000 $850,000 $0 $0
Original Cap Hit $775,000 $775,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($825,000) ($850,000) ($0) ($0)
Annual Buyout Cost $139,583 $139,583 $139,583 $139,583
ACTUAL CAP HIT Winnipeg Jets logo $89,583 $64,583 $139,583 $139,583
Savings $685,417 $710,417 $-139,583 $-139,583

Active Contract

Signing Team
Signing Date July 24, 2018
Signing Status RFA
Agent Dean Grillo
Standard Contract | 3 Years $2,325,000 0.95% of cap space
2018-2019 2019-2020 2020-2021
Cap Hit $775,000 $775,000 $775,000
UFA
AAV $775,000 $775,000 $775,000
Performance Bonuses $0 $0 $0
Base Salary $650,000 $825,000 $850,000
Signing Bonuses $0 $0 $0
Total Salary $650,000 $825,000 $850,000
Minors Salary $650,000 $825,000 $850,000
Clauses
UFA Year
Buy It Out Buy It Out