Dryden Hunt buyout calculator, cap hit impact

Dryden Hunt Buyout Cap Implications

Birthdate November 24, 1995

If Dryden Hunt was bought out prior to the 2019-2020 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 $238,333
Remaining base salary
($715,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $119,167
(Total buyout cost/2 years)

Dryden Hunt projected buyout 2019-2020 season
2019-2020 2020-2021
Remaining Base Salary
$715,000
$715,000 $0
Original Cap Hit $715,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($715,000) ($0)
Annual Buyout Cost $119,167 $119,167
ACTUAL CAP HIT Florida Panthers logo $119,167 $119,167
Savings $595,833 $-119,167

Active Contract

Signing Team
Signing Date July 17, 2019
Signing Status RFA
Agent Allain Roy
Standard Contract | 1 Years $715,000 0.88% of cap space
2019-2020
Cap Hit $715,000
RFA
AAV $715,000
Performance Bonuses $0
Base Salary $715,000
Signing Bonuses $0
Total Salary $715,000
Minors Salary $100,000
Clauses
UFA Year
Buy It Out