Zach Werenski buyout calculator, cap hit impact


Zach Werenski Buyout Cap Implications

Birthdate July 19, 1997

If Zach Werenski was bought out prior to the 2020-2021 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 22 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 $3,666,667
Remaining base salary
($11,000,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $916,667
(Total buyout cost/4 years)

Zach Werenski projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024
Remaining Base Salary
$11,000,000
$4,000,000 $7,000,000 $0 $0
Original Cap Hit $5,000,000 $5,000,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($4,000,000) ($7,000,000) ($0) ($0)
Annual Buyout Cost $916,667 $916,667 $916,667 $916,667
ACTUAL CAP HIT Columbus Blue Jackets logo $1,916,667 $-1,083,333 $916,667 $916,667
Savings $3,083,333 $6,083,333 $-916,667 $-916,667

Active Contract

Signing Team
Signing Date September 9, 2019
Signing Status RFA
Agent Pat Brisson
View Player Profile
Potential Lockout Year
Standard Contract | 3 Years $15,000,000 6.13% of cap space
2019-2020 2020-2021 2021-2022
Cap Hit $5,000,000 $5,000,000 $5,000,000
RFA
AAV $5,000,000 $5,000,000 $5,000,000
Performance Bonuses $0 $0 $0
Base Salary $4,000,000 $4,000,000 $7,000,000
Signing Bonuses $0 $0 $0
Total Salary $4,000,000 $4,000,000 $7,000,000
Minors Salary $4,000,000 $4,000,000 $7,000,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out