Dillon Dube buyout calculator, cap hit impact

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Dillon Dube Buyout Cap Implications

Birthdate July 20, 1998

If Dillon Dube 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 23 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 $1,566,667
Remaining base salary
($4,700,000 * 33% buyout multiplier)
.

2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)

Annual buyout cost of $391,667
(Total buyout cost/4 years)

Dillon Dube projected buyout 2022-2023 season
2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$4,700,000
$2,300,000 $2,400,000 $0 $0
Original Cap Hit $2,300,000 $2,300,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($2,300,000) ($2,400,000) ($0) ($0)
Annual Buyout Cost $391,667 $391,667 $391,667 $391,667
ACTUAL CAP HIT Calgary Flames logo $391,667 $291,667 $391,667 $391,667
Savings $1,908,333 $2,008,333 $-391,667 $-391,667

Active Contract

Signing Team Calgary Flames logo
Signing Date August 26, 2021
Signing Status RFA
Agent Dave Cowan
Standard Contract | 3 Years $6,900,000 2.79% of cap space
2021-2022 2022-2023 2023-2024
Cap Hit $2,300,000 $2,300,000 $2,300,000
RFA
AAV $2,300,000 $2,300,000 $2,300,000
Performance Bonuses $0 $0 $0
Base Salary $2,200,000 $2,300,000 $2,400,000
Signing Bonuses $0 $0 $0
Total Salary $2,200,000 $2,300,000 $2,400,000
Minors Salary $2,200,000 $2,300,000 $2,400,000
Clauses
UFA Year
Buy It Out Buy It Out