Ryan Suter buyout calculator, cap hit impact

Ryan Suter Buyout Cap Implications

Birthdate January 21, 1985

Ryan Suter was bought by Minnesota Wild logo 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 was 36 years old at the buyout giving him a 67% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost was $6,666,667
Remaining base salary
($10,000,000 * 67% buyout multiplier)
.

4 years left in contract.
Buyout applied over 8 years
(2x years remaining on contract)

Annual buyout cost of $833,333
(Total buyout cost/8 years)

Ryan Suter buyout details 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029
Remaining Base Salary
$10,000,000
$6,000,000 $2,000,000 $1,000,000 $1,000,000 $0 $0 $0 $0
Original Cap Hit $7,538,462 $7,538,462 $7,538,462 $7,538,462 $0 $0 $0 $0
Contract Signing Bonus $0 $0 $0 $0 $0 $0 $0 $0
Contract Total Salary ($6,000,000) ($2,000,000) ($1,000,000) ($1,000,000) ($0) ($0) ($0) ($0)
Annual Buyout Cost $833,333 $833,333 $833,333 $833,333 $833,333 $833,333 $833,333 $833,333
ACTUAL CAP HIT Minnesota Wild logo $2,371,795 $6,371,795 $7,371,795 $7,371,795 $833,333 $833,333 $833,333 $833,333
Savings $5,166,667 $1,166,667 $166,667 $166,667 $-833,333 $-833,333 $-833,333 $-833,333

Active Contract

Signing Team Dallas Stars logo
Signing Date July 28, 2021
Signing Status UFA
Agent Neil Sheehy
Standard Contract | 4 Years $14,600,000 4.48% of cap space
2021-2022 2022-2023 2023-2024 2024-2025
Cap Hit $3,650,000 $3,650,000 $3,650,000 $3,650,000
UFA
AAV $3,650,000 $3,650,000 $3,650,000 $3,650,000
Performance Bonuses $0 $0 $0 $0
Base Salary $1,000,000 $4,000,000 $4,300,000 $4,300,000
Signing Bonuses $1,000,000 $0 $0 $0
Total Salary $2,000,000 $4,000,000 $4,300,000 $4,300,000
Minors Salary $2,000,000 $4,000,000 $4,300,000 $4,300,000
Clauses NMC NMC NMC NMC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out
No Move Clause