Victor Berglund buyout calculator, cap hit impact

Victor Berglund Buyout Cap Implications

Birthdate August 2, 1999

If Victor Berglund was bought out prior to the 2021-2022 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 $500,000
Remaining base salary
($1,500,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $125,000
(Total buyout cost/4 years)

Victor Berglund projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025
Remaining Base Salary
$1,500,000
$750,000 $750,000 $0 $0
Original Cap Hit $818,333 $818,333 $0 $0
Contract Signing Bonus $85,000 $92,500 $0 $0
Contract Total Salary ($835,000) ($842,500) ($0) ($0)
Annual Buyout Cost $125,000 $125,000 $125,000 $125,000
ACTUAL CAP HIT Boston Bruins logo $193,333 $193,333 $125,000 $125,000
Savings $625,000 $625,000 $-125,000 $-125,000

Active Contract

Signing Team Boston Bruins logo
Signing Date June 15, 2020
Agent Joakim Persson
Entry Level Contract | 3 Years $2,454,999 1.00% of cap space
2020-2021 2021-2022 2022-2023
Cap Hit $818,333 $818,333 $818,333
RFA
AAV $850,833 $850,833 $850,833
Performance Bonuses $0 $15,000 $82,500
Base Salary $700,000 $750,000 $750,000
Signing Bonuses $77,500 $85,000 $92,500
Total Salary $777,500 $835,000 $842,500
Minors Salary $70,000 $70,000 $70,000
Clauses
UFA Year
Buy It Out Buy It Out