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 Toronto Maple Leafs logo $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 Toronto Maple Leafs logo
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