Zach Werenski buyout calculator, cap hit impact

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Zach Werenski Buyout Cap Implications

Birthdate July 19, 1997

If Zach Werenski 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 25 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 $9,666,667
Remaining base salary
($29,000,000 * 33% buyout multiplier)
.

5 years left in contract.
Buyout applied over 10 years
(2x years remaining on contract)

Annual buyout cost of $966,667
(Total buyout cost/10 years)

Zach Werenski projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031 2031-2032 2032-2033
Remaining Base Salary
$29,000,000
$10,000,000 $9,500,000 $7,500,000 $1,000,000 $1,000,000 $0 $0 $0 $0 $0
Original Cap Hit $9,583,333 $9,583,333 $9,583,333 $9,583,334 $9,583,334 $0 $0 $0 $0 $0
Contract Signing Bonus $2,000,000 $2,000,000 $2,000,000 $6,250,000 $6,250,000 $0 $0 $0 $0 $0
Contract Total Salary ($12,000,000) ($11,500,000) ($9,500,000) ($7,250,000) ($7,250,000) ($0) ($0) ($0) ($0) ($0)
Annual Buyout Cost $966,667 $966,667 $966,667 $966,667 $966,667 $966,667 $966,667 $966,667 $966,667 $966,667
ACTUAL CAP HIT Columbus Blue Jackets logo $550,000 $1,050,000 $3,050,000 $9,550,001 $9,550,001 $966,667 $966,667 $966,667 $966,667 $966,667
Savings $9,033,333 $8,533,333 $6,533,333 $33,333 $33,333 $-966,667 $-966,667 $-966,667 $-966,667 $-966,667

Active Contract

Signing Team Columbus Blue Jackets logo
Signing Date July 29, 2021
Signing Status RFA
Agent Judd Moldaver
View Player Profile
Potential Lockout Year
Standard Contract | 6 Years $57,500,000 11.62% of cap space
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Cap Hit $9,583,333 $9,583,333 $9,583,333 $9,583,333 $9,583,334 $9,583,334
UFA
AAV $9,583,333 $9,583,333 $9,583,333 $9,583,333 $9,583,334 $9,583,334
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $8,000,000 $10,000,000 $9,500,000 $7,500,000 $1,000,000 $1,000,000
Signing Bonuses $2,000,000 $2,000,000 $2,000,000 $2,000,000 $6,250,000 $6,250,000
Total Salary $10,000,000 $12,000,000 $11,500,000 $9,500,000 $7,250,000 $7,250,000
Minors Salary $10,000,000 $12,000,000 $11,500,000 $9,500,000 $7,250,000 $7,250,000
Clauses NMC NMC NMC NMC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
No Move Clause; Modified Trade Clause - 2027-28 season – 10 team trade list