Tyler Johnson buyout calculator, cap hit impact
Tyler Johnson Buyout Cap Implications
Birthdate July 29, 1990
If Tyler Johnson was bought out prior to the 2023-2024 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 32 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 $3,166,667
Remaining base salary
($4,750,000 * 67% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $1,583,333
(Total buyout cost/2 years)
Tyler Johnson projected buyout 2023-2024 season
2023-2024
2024-2025
Remaining Base Salary
$4,750,000
$4,750,000
$0
Original Cap Hit
$5,000,000
$0
Contract Signing Bonus
$0
$0
Contract Total Salary
($4,750,000)
($0)
Annual Buyout Cost
$1,583,333
$1,583,333
ACTUAL CAP HIT 
$1,833,333
$1,583,333
Savings
$3,166,667
$-1,583,333
Birthdate July 29, 1990
If Tyler Johnson was bought out prior to the 2023-2024 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 32 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 $3,166,667
Remaining base salary
($4,750,000 * 67% buyout multiplier).
1 years left in contract.
Buyout applied over 2 years
(2x years remaining on contract)
Annual buyout cost of $1,583,333
(Total buyout cost/2 years)
Tyler Johnson projected buyout 2023-2024 season
| 2023-2024 | 2024-2025 | |
|---|---|---|
| Remaining Base Salary $4,750,000 |
$4,750,000 | $0 |
| Original Cap Hit | $5,000,000 | $0 |
| Contract Signing Bonus | $0 | $0 |
| Contract Total Salary | ($4,750,000) | ($0) |
| Annual Buyout Cost | $1,583,333 | $1,583,333 |
| ACTUAL CAP HIT
|
$1,833,333 | $1,583,333 |
| Savings | $3,166,667 | $-1,583,333 |
Active Contract
Standard Contract | 7 Years $35,000,000 5.99% of cap space
| 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | ||
|---|---|---|---|---|---|---|---|---|
| Cap Hit | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 | UFA |
| AAV | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 | |
| Performance Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Base Salary | $5,000,000 | $6,750,000 | $5,500,000 | $3,750,000 | $5,500,000 | $3,750,000 | $4,750,000 | |
| Signing Bonuses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Salary | $5,000,000 | $6,750,000 | $5,500,000 | $3,750,000 | $5,500,000 | $3,750,000 | $4,750,000 | |
| Minors Salary | $5,000,000 | $6,750,000 | $5,500,000 | $3,750,000 | $5,500,000 | $3,750,000 | $4,750,000 | |
| Clauses | NTC | NTC | NTC | M-NTC | M-NTC | M-NTC | ||
| UFA Year | ||||||||
| Buy It Out | ||||||||