Jonas Brodin buyout calculator, cap hit impact

Jonas Brodin Buyout Cap Implications

Birthdate July 12, 1993

If Jonas Brodin was bought out prior to the 2021-2022 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 27 years old at the buyout giving him a 67% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost would be $28,000,000
Remaining base salary
($42,000,000 * 67% buyout multiplier)
.

7 years left in contract.
Buyout applied over 14 years
(2x years remaining on contract)

Annual buyout cost of $2,000,000
(Total buyout cost/14 years)

Jonas Brodin projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030 2030-2031 2031-2032 2032-2033 2033-2034 2034-2035
Remaining Base Salary
$42,000,000
$4,000,000 $5,000,000 $8,000,000 $8,000,000 $7,500,000 $5,500,000 $4,000,000 $0 $0 $0 $0 $0 $0 $0
Original Cap Hit $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $0 $0 $0 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($4,000,000) ($5,000,000) ($8,000,000) ($8,000,000) ($7,500,000) ($5,500,000) ($4,000,000) ($0) ($0) ($0) ($0) ($0) ($0) ($0)
Annual Buyout Cost $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000
ACTUAL CAP HIT Minnesota Wild logo $4,000,000 $3,000,000 $0 $0 $500,000 $2,500,000 $4,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000
Savings $2,000,000 $3,000,000 $6,000,000 $6,000,000 $5,500,000 $3,500,000 $2,000,000 $-2,000,000 $-2,000,000 $-2,000,000 $-2,000,000 $-2,000,000 $-2,000,000 $-2,000,000

Active Contract

Signing Team
Signing Date September 15, 2020
Signing Status UFA
Agent Peter Wallen
View Player Profile
Potential Lockout Year
Standard Contract | 7 Years $42,000,000 7.36% of cap space
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028
Cap Hit $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000
UFA
AAV $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0
Base Salary $4,000,000 $5,000,000 $8,000,000 $8,000,000 $7,500,000 $5,500,000 $4,000,000
Signing Bonuses $0 $0 $0 $0 $0 $0 $0
Total Salary $4,000,000 $5,000,000 $8,000,000 $8,000,000 $7,500,000 $5,500,000 $4,000,000
Minors Salary $4,000,000 $5,000,000 $8,000,000 $8,000,000 $7,500,000 $5,500,000 $4,000,000
Clauses NMC NMC NMC NMC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out