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 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 26 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 $1,566,667
Remaining base salary
($4,700,000 * 33% buyout multiplier)
.

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

Annual buyout cost of $783,333
(Total buyout cost/2 years)

Ryan Murray projected buyout 2020-2021 season
2020-2021 2021-2022
Remaining Base Salary
$4,700,000
$4,700,000 $0
Original Cap Hit $4,600,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($4,700,000) ($0)
Annual Buyout Cost $783,333 $783,333
ACTUAL CAP HIT Columbus Blue Jackets logo $683,333 $783,333
Savings $3,916,667 $-783,333

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