Zach Whitecloud buyout calculator, cap hit impact

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Zach Whitecloud Buyout Cap Implications

Birthdate November 28, 1996

If Zach Whitecloud 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 26 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 $9,000,000
Remaining base salary
($13,500,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $900,000
(Total buyout cost/10 years)

Zach Whitecloud 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
$13,500,000
$3,000,000 $2,750,000 $2,750,000 $2,500,000 $2,500,000 $0 $0 $0 $0 $0
Original Cap Hit $2,750,000 $2,750,000 $2,750,000 $2,750,000 $2,750,000 $0 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($3,000,000) ($2,750,000) ($2,750,000) ($2,500,000) ($2,500,000) ($0) ($0) ($0) ($0) ($0)
Annual Buyout Cost $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $900,000 $900,000
ACTUAL CAP HIT Vegas Golden Knights logo $650,000 $900,000 $900,000 $1,150,000 $1,150,000 $900,000 $900,000 $900,000 $900,000 $900,000
Savings $2,100,000 $1,850,000 $1,850,000 $1,600,000 $1,600,000 $-900,000 $-900,000 $-900,000 $-900,000 $-900,000

Active Contract

Signing Team Vegas Golden Knights logo
Signing Date October 28, 2021
Signing Status RFA
Agent Dean Grillo
View Player Profile
Potential Lockout Year
Standard Contract | 6 Years $16,500,000 3.33% of cap space
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Cap Hit $2,750,000 $2,750,000 $2,750,000 $2,750,000 $2,750,000 $2,750,000
UFA
AAV $2,750,000 $2,750,000 $2,750,000 $2,750,000 $2,750,000 $2,750,000
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $3,000,000 $3,000,000 $2,750,000 $2,750,000 $2,500,000 $2,500,000
Signing Bonuses $0 $0 $0 $0 $0 $0
Total Salary $3,000,000 $3,000,000 $2,750,000 $2,750,000 $2,500,000 $2,500,000
Minors Salary $3,000,000 $3,000,000 $2,750,000 $2,750,000 $2,500,000 $2,500,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out