Anthony Mantha buyout calculator, cap hit impact

Anthony Mantha Buyout Cap Implications

Birthdate September 16, 1994

If Anthony Mantha 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 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 $12,200,000
Remaining base salary
($18,300,000 * 67% buyout multiplier)
.

3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)

Annual buyout cost of $2,033,333
(Total buyout cost/6 years)

Anthony Mantha projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Remaining Base Salary
$18,300,000
$5,300,000 $6,500,000 $6,500,000 $0 $0 $0
Original Cap Hit $5,700,000 $5,700,000 $5,700,000 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0
Contract Total Salary ($5,300,000) ($6,500,000) ($6,500,000) ($0) ($0) ($0)
Annual Buyout Cost $2,033,333 $2,033,333 $2,033,333 $2,033,333 $2,033,333 $2,033,333
ACTUAL CAP HIT Washington Capitals logo $2,433,333 $1,233,333 $1,233,333 $2,033,333 $2,033,333 $2,033,333
Savings $3,266,667 $4,466,667 $4,466,667 $-2,033,333 $-2,033,333 $-2,033,333

Active Contract

Signing Team Detroit Red Wings logo
Signing Date November 3, 2020
Signing Status RFA
Agent Pat Brisson
Standard Contract | 4 Years $22,800,000 6.99% of cap space
2020-2021 2021-2022 2022-2023 2023-2024
Cap Hit $5,700,000 $5,700,000 $5,700,000 $5,700,000
UFA
AAV $5,700,000 $5,700,000 $5,700,000 $5,700,000
Performance Bonuses $0 $0 $0 $0
Base Salary $4,200,000 $5,300,000 $6,500,000 $6,500,000
Signing Bonuses $300,000 $0 $0 $0
Total Salary $4,500,000 $5,300,000 $6,500,000 $6,500,000
Minors Salary $4,500,000 $5,300,000 $6,500,000 $6,500,000
Clauses
UFA Year
Buy It Out Buy It Out Buy It Out