Yanni Gourde buyout calculator, cap hit impact

Yanni Gourde Buyout Cap Implications

Birthdate December 15, 1991

If Yanni Gourde 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 29 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 $13,733,333
Remaining base salary
($20,600,000 * 67% buyout multiplier)
.

4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)

Annual buyout cost of $1,716,667
(Total buyout cost/8 years)

Yanni Gourde projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029
Remaining Base Salary
$20,600,000
$6,300,000 $4,100,000 $5,100,000 $5,100,000 $0 $0 $0 $0
Original Cap Hit $5,166,667 $5,166,667 $5,166,667 $5,166,667 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($6,300,000) ($4,100,000) ($5,100,000) ($5,100,000) ($0) ($0) ($0) ($0)
Annual Buyout Cost $1,716,667 $1,716,667 $1,716,667 $1,716,667 $1,716,667 $1,716,667 $1,716,667 $1,716,667
ACTUAL CAP HIT Seattle Kraken logo $583,334 $2,783,334 $1,783,334 $1,783,334 $1,716,667 $1,716,667 $1,716,667 $1,716,667
Savings $4,583,333 $2,383,333 $3,383,333 $3,383,333 $-1,716,667 $-1,716,667 $-1,716,667 $-1,716,667

Active Contract

Signing Team
Signing Date November 2, 2018
Signing Status UFA
Agent Paul Corbeil
Standard Contract | 6 Years $31,000,000 6.34% of cap space
2019-2020 2020-2021 2021-2022 2022-2023 2023-2024 2024-2025
Cap Hit $5,166,666 $5,166,666 $5,166,667 $5,166,667 $5,166,667 $5,166,667
UFA
AAV $5,166,666 $5,166,666 $5,166,667 $5,166,667 $5,166,667 $5,166,667
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $6,300,000 $4,100,000 $6,300,000 $4,100,000 $5,100,000 $5,100,000
Signing Bonuses $0 $0 $0 $0 $0 $0
Total Salary $6,300,000 $4,100,000 $6,300,000 $4,100,000 $5,100,000 $5,100,000
Minors Salary $6,300,000 $4,100,000 $6,300,000 $4,100,000 $5,100,000 $5,100,000
Clauses NTC NTC NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out
Partial No Trade