Tom Wilson buyout calculator, cap hit impact

Tom Wilson Buyout Cap Implications

Birthdate March 29, 1994

If Tom Wilson was bought out prior to the 2023-2024 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 29 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 $3,400,000
Remaining base salary
($5,100,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $1,700,000
(Total buyout cost/2 years)

Tom Wilson projected buyout 2023-2024 season
2023-2024 2024-2025
Remaining Base Salary
$5,100,000
$5,100,000 $0
Original Cap Hit $5,166,666 $0
Contract Signing Bonus $1,000,000 $0
Contract Total Salary ($6,100,000) ($0)
Annual Buyout Cost $1,700,000 $1,700,000
ACTUAL CAP HIT Washington Capitals logo $1,766,666 $1,700,000
Savings $3,400,000 $-1,700,000

Active Contract

Signing Team
Signing Date July 27, 2018
Signing Status RFA
Agent Mark Guy
Standard Contract | 6 Years $31,000,000 6.34% of cap space
2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024
Cap Hit $5,166,667 $5,166,667 $5,166,667 $5,166,667 $5,166,666 $5,166,666
UFA
AAV $5,166,667 $5,166,667 $5,166,667 $5,166,667 $5,166,666 $5,166,666
Performance Bonuses $0 $0 $0 $0 $0 $0
Base Salary $1,100,000 $1,500,000 $2,100,000 $3,100,000 $2,100,000 $5,100,000
Signing Bonuses $5,000,000 $3,000,000 $2,000,000 $3,000,000 $2,000,000 $1,000,000
Total Salary $6,100,000 $4,500,000 $4,100,000 $6,100,000 $4,100,000 $6,100,000
Minors Salary $6,100,000 $4,500,000 $4,100,000 $6,100,000 $4,100,000 $6,100,000
Clauses M-NTC M-NTC M-NTC M-NTC
UFA Year
Buy It Out Buy It Out Buy It Out Buy It Out
10 no team trade list 2020-2021 and 2021-22 . 7 team no trade list 2022-2023 and 2023-2024