Denton Mateychuk buyout calculator, cap hit impact

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Denton Mateychuk Buyout Cap Implications

Birthdate July 12, 2004

If Denton Mateychuk 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 18 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 $855,000
Remaining base salary
($2,565,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $142,500
(Total buyout cost/6 years)

Denton Mateychuk projected buyout 2023-2024 season
2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029
Remaining Base Salary
$2,565,000
$855,000 $855,000 $855,000 $0 $0 $0
Original Cap Hit $918,333 $918,333 $918,333 $0 $0 $0
Contract Signing Bonus $95,000 $95,000 $0 $0 $0 $0
Contract Total Salary ($950,000) ($950,000) ($855,000) ($0) ($0) ($0)
Annual Buyout Cost $142,500 $142,500 $142,500 $142,500 $142,500 $142,500
ACTUAL CAP HIT Columbus Blue Jackets logo $205,833 $205,833 $205,833 $142,500 $142,500 $142,500
Savings $712,500 $712,500 $712,500 $-142,500 $-142,500 $-142,500

Active Contract

Signing Team Columbus Blue Jackets logo
Signing Date July 13, 2022
Agent Gerry Johannson
Entry Level Slide Eligible
Entry Level Contract | 3 Years $2,754,999 1.15% of cap space
2022-2023 2023-2024 2024-2025 2025-2026
Cap Hit $950,000 $918,333 $918,333 $918,333
RFA
AAV $1,700,000 $1,668,333 $1,668,333 $1,668,333
Performance Bonuses $0 $500,000 $750,000 $1,000,000
Base Salary $0 $855,000 $855,000 $855,000
Signing Bonuses $95,000 $95,000 $95,000 $0
Total Salary $95,000 $950,000 $950,000 $855,000
Minors Salary $0 $82,500 $82,500 $82,500
Clauses
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out