Fraser Minten buyout calculator, cap hit impact
Fraser Minten Buyout Cap Implications
Birthdate July 5, 2004
If Fraser Minten 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 17 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 $787,500
Remaining base salary
($2,362,500 * 33% buyout multiplier).
4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)
Annual buyout cost of $98,438
(Total buyout cost/8 years)
Fraser Minten projected buyout 2022-2023 season
2022-2023
2023-2024
2024-2025
2025-2026
2026-2027
2027-2028
2028-2029
2029-2030
Remaining Base Salary
$2,362,500
$0
$787,500
$787,500
$787,500
$0
$0
$0
$0
Original Cap Hit
$875,000
$845,833
$845,833
$845,833
$0
$0
$0
$0
Contract Signing Bonus
$87,500
$87,500
$87,500
$0
$0
$0
$0
$0
Contract Total Salary
($87,500)
($875,000)
($875,000)
($787,500)
($0)
($0)
($0)
($0)
Annual Buyout Cost
$98,438
$98,438
$98,438
$98,438
$98,438
$98,438
$98,438
$98,438
ACTUAL CAP HIT 
$973,438
$156,771
$156,771
$156,771
$98,438
$98,438
$98,438
$98,438
Savings
$-98,438
$689,063
$689,063
$689,063
$-98,438
$-98,438
$-98,438
$-98,438
Birthdate July 5, 2004
If Fraser Minten 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 17 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 $787,500
Remaining base salary
($2,362,500 * 33% buyout multiplier).
4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)
Annual buyout cost of $98,438
(Total buyout cost/8 years)
Fraser Minten projected buyout 2022-2023 season
| 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | 2026-2027 | 2027-2028 | 2028-2029 | 2029-2030 | |
|---|---|---|---|---|---|---|---|---|
| Remaining Base Salary $2,362,500 |
$0 | $787,500 | $787,500 | $787,500 | $0 | $0 | $0 | $0 |
| Original Cap Hit | $875,000 | $845,833 | $845,833 | $845,833 | $0 | $0 | $0 | $0 |
| Contract Signing Bonus | $87,500 | $87,500 | $87,500 | $0 | $0 | $0 | $0 | $0 |
| Contract Total Salary | ($87,500) | ($875,000) | ($875,000) | ($787,500) | ($0) | ($0) | ($0) | ($0) |
| Annual Buyout Cost | $98,438 | $98,438 | $98,438 | $98,438 | $98,438 | $98,438 | $98,438 | $98,438 |
| ACTUAL CAP HIT
|
$973,438 | $156,771 | $156,771 | $156,771 | $98,438 | $98,438 | $98,438 | $98,438 |
| Savings | $-98,438 | $689,063 | $689,063 | $689,063 | $-98,438 | $-98,438 | $-98,438 | $-98,438 |
Active Contract
Signing Team
Signing Date October 13, 2022
Agent Gregory Landry
Entry Level Slide Eligible
Qualifying Offer on Expiry $826,875
Signing Date October 13, 2022
Agent Gregory Landry
Entry Level Slide Eligible
Qualifying Offer on Expiry $826,875
Entry Level Contract | 3 Years $2,537,499 1.05% of cap space
| 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 | ||
|---|---|---|---|---|---|
| Cap Hit | $875,000 | $845,833 | $845,833 | $845,833 | RFA |
| AAV | $875,000 | $845,833 | $845,833 | $845,833 | |
| Performance Bonuses | $0 | $0 | $0 | $0 | |
| Base Salary | $0 | $787,500 | $787,500 | $787,500 | |
| Signing Bonuses | $87,500 | $87,500 | $87,500 | $0 | |
| Total Salary | $87,500 | $875,000 | $875,000 | $787,500 | |
| Minors Salary | $0 | $82,500 | $82,500 | $82,500 | |
| Clauses | ENTRY-LEVEL SLIDE |
||||
| UFA Year | |||||
| Buy It Out | Buy It Out | Buy It Out | |||