Matt Dumba buyout calculator, cap hit impact

Matt Dumba Buyout Cap Implications

Birthdate July 25, 1994

If Matt Dumba was bought out prior to the 2020-2021 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 25 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 $5,800,000
Remaining base salary
($17,400,000 * 33% buyout multiplier)
.

3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)

Annual buyout cost of $966,667
(Total buyout cost/6 years)

Matt Dumba projected buyout 2020-2021 season
2020-2021 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026
Remaining Base Salary
$17,400,000
$4,800,000 $7,400,000 $5,200,000 $0 $0 $0
Original Cap Hit $6,000,000 $6,000,000 $6,000,000 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0
Contract Total Salary ($4,800,000) ($7,400,000) ($5,200,000) ($0) ($0) ($0)
Annual Buyout Cost $966,667 $966,667 $966,667 $966,667 $966,667 $966,667
ACTUAL CAP HIT Minnesota Wild logo $2,166,667 $-433,333 $1,766,667 $966,667 $966,667 $966,667
Savings $3,833,333 $6,433,333 $4,233,333 $-966,667 $-966,667 $-966,667

Active Contract

Signing Team
Signing Date July 21, 2018
Signing Status RFA
Agent Craig Oster
Standard Contract | 5 Years $30,000,000 7.36% of cap space
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023
Cap Hit $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
Performance Bonuses $0 $0 $0 $0 $0
Base Salary $5,200,000 $7,400,000 $4,800,000 $7,400,000 $5,200,000
Signing Bonuses $0 $0 $0 $0 $0
Total Salary $5,200,000 $7,400,000 $4,800,000 $7,400,000 $5,200,000
Minors Salary $5,200,000 $7,400,000 $4,800,000 $7,400,000 $5,200,000
Clauses M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out
10 Team No Trade List