Ryan Murray buyout calculator, cap hit impact

Ryan Murray Buyout Cap Implications

Birthdate September 27, 1993

If Ryan Murray was bought out prior to the 2019-2020 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 $3,066,667
Remaining base salary
($9,200,000 * 33% buyout multiplier)
.

2 years left in contract.
Buyout applied over 4 years
(2x years remaining on contract)

Annual buyout cost of $766,667
(Total buyout cost/4 years)

Ryan Murray projected buyout 2019-2020 season
2019-2020 2020-2021 2021-2022 2022-2023
Remaining Base Salary
$9,200,000
$4,500,000 $4,700,000 $0 $0
Original Cap Hit $4,600,000 $4,600,000 $0 $0
Contract Signing Bonus $0 $0 $0 $0
Contract Total Salary ($4,500,000) ($4,700,000) ($0) ($0)
Annual Buyout Cost $766,667 $766,667 $766,667 $766,667
ACTUAL CAP HIT Columbus Blue Jackets logo $866,667 $666,667 $766,667 $766,667
Savings $3,733,333 $3,933,333 $-766,667 $-766,667

Active Contract

Signing Team
Signing Date July 1, 2019
Signing Status RFA
Agent Rick Valette
Standard Contract | 2 Years $9,200,000 5.64% of cap space
2019-2020 2020-2021
Cap Hit $4,600,000 $4,600,000
RFA
AAV $4,600,000 $4,600,000
Performance Bonuses $0 $0
Base Salary $4,500,000 $4,700,000
Signing Bonuses $0 $0
Total Salary $4,500,000 $4,700,000
Minors Salary $4,500,000 $4,700,000
Clauses
UFA Year
Buy It Out Buy It Out