Tyler Benson buyout calculator, cap hit impact
Tyler Benson Buyout Cap Implications
Birthdate March 15, 1998
If Tyler Benson 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 21 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 $544,167
Remaining base salary
($1,632,500 * 33% buyout multiplier).
2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)
Annual buyout cost of $136,042
(Total buyout cost/4 years)
Tyler Benson projected buyout 2019-2020 season
2019-2020
2020-2021
2021-2022
2022-2023
Remaining Base Salary
$1,632,500
$800,000
$832,500
$0
$0
Original Cap Hit
$808,333
$808,333
$0
$0
Contract Signing Bonus
$0
$0
$0
$0
Contract Total Salary
($800,000)
($832,500)
($0)
($0)
Annual Buyout Cost
$136,042
$136,042
$136,042
$136,042
ACTUAL CAP HIT 
$144,375
$111,875
$136,042
$136,042
Savings
$663,958
$696,458
$-136,042
$-136,042
Birthdate March 15, 1998
If Tyler Benson 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 21 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 $544,167
Remaining base salary
($1,632,500 * 33% buyout multiplier).
2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)
Annual buyout cost of $136,042
(Total buyout cost/4 years)
Tyler Benson projected buyout 2019-2020 season
| 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | |
|---|---|---|---|---|
| Remaining Base Salary $1,632,500 |
$800,000 | $832,500 | $0 | $0 |
| Original Cap Hit | $808,333 | $808,333 | $0 | $0 |
| Contract Signing Bonus | $0 | $0 | $0 | $0 |
| Contract Total Salary | ($800,000) | ($832,500) | ($0) | ($0) |
| Annual Buyout Cost | $136,042 | $136,042 | $136,042 | $136,042 |
| ACTUAL CAP HIT
|
$144,375 | $111,875 | $136,042 | $136,042 |
| Savings | $663,958 | $696,458 | $-136,042 | $-136,042 |
Active Contract
Entry Level Contract | 3 Years $2,424,999 1.07% of cap space
| 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | ||
|---|---|---|---|---|---|---|
| Cap Hit | $870,000 | $839,166 | $808,333 | $808,333 | $808,333 | RFA |
| AAV | $925,000 | $894,166 | $863,333 | $863,333 | $863,333 | |
| Performance Bonuses | $0 | $0 | $132,500 | $32,500 | $0 | |
| Base Salary | $0 | $0 | $700,000 | $800,000 | $832,500 | |
| Signing Bonuses | $92,500 | $92,500 | $92,500 | $0 | $0 | |
| Total Salary | $0 | $0 | $792,500 | $800,000 | $832,500 | |
| Minors Salary | $0 | $0 | $70,000 | $70,000 | $70,000 | |
| Clauses | ENTRY-LEVEL SLIDE |
ENTRY-LEVEL SLIDE |
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| UFA Year | ||||||
| Buy It Out | ||||||