Zemgus Girgensons buyout calculator, cap hit impact

Zemgus Girgensons Buyout Cap Implications

Birthdate January 5, 1994

If Zemgus Girgensons was bought out prior to the 2022-2023 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 28 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 $1,600,000
Remaining base salary
($2,400,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $800,000
(Total buyout cost/2 years)

Zemgus Girgensons projected buyout 2022-2023 season
2022-2023 2023-2024
Remaining Base Salary
$2,400,000
$2,400,000 $0
Original Cap Hit $2,200,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($2,400,000) ($0)
Annual Buyout Cost $800,000 $800,000
ACTUAL CAP HIT Buffalo Sabres logo $600,000 $800,000
Savings $1,600,000 $-800,000

Active Contract

Signing Team
Signing Date October 8, 2020
Signing Status UFA
Agent Kent Hughes
Standard Contract | 3 Years $6,600,000 2.70% of cap space
2020-2021 2021-2022 2022-2023
Cap Hit $2,200,000 $2,200,000 $2,200,000
UFA
AAV $2,200,000 $2,200,000 $2,200,000
Performance Bonuses $0 $0 $0
Base Salary $2,000,000 $2,200,000 $2,400,000
Signing Bonuses $0 $0 $0
Total Salary $2,000,000 $2,200,000 $2,400,000
Minors Salary $2,000,000 $2,200,000 $2,400,000
Clauses
UFA Year
Buy It Out Buy It Out