Morgan Rielly buyout calculator, cap hit impact

Morgan Rielly Buyout Cap Implications

Birthdate March 9, 1994

If Morgan Rielly 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 $2,000,000
Remaining base salary
($3,000,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,000,000
(Total buyout cost/2 years)

Morgan Rielly projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$3,000,000
$3,000,000 $0
Original Cap Hit $5,000,000 $0
Contract Signing Bonus $2,000,000 $0
Contract Total Salary ($5,000,000) ($0)
Annual Buyout Cost $1,000,000 $1,000,000
ACTUAL CAP HIT Toronto Maple Leafs logo $3,000,000 $1,000,000
Savings $2,000,000 $-1,000,000

Active Contract

Signing Team Toronto Maple Leafs logo
Signing Date October 29, 2021
Signing Status UFA
Agent J.P. Barry
View Player Profile
Potential Lockout Year
Standard Contract | 8 Years $60,000,000 9.20% of cap space
2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2029-2030
Cap Hit $7,500,000 $7,500,000 $7,500,000 $7,500,000 $7,500,000 $7,500,000 $7,500,000 $7,500,000
UFA
AAV $7,500,000 $7,500,000 $7,500,000 $7,500,000 $7,500,000 $7,500,000 $7,500,000 $7,500,000
Performance Bonuses $0 $0 $0 $0 $0 $0 $0 $0
Base Salary $4,000,000 $5,000,000 $10,000,000 $8,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000
Signing Bonuses $4,000,000 $5,000,000 $0 $0 $0 $0 $0 $0
Total Salary $8,000,000 $10,000,000 $10,000,000 $8,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000
Minors Salary $8,000,000 $10,000,000 $10,000,000 $8,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000
Clauses NMC NMC NMC NMC NMC NMC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out Buy It Out
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