Tyler Motte buyout calculator, cap hit impact

Tyler Motte Buyout Cap Implications

Birthdate March 10, 1995

If Tyler Motte 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 26 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 $966,667
Remaining base salary
($1,450,000 * 67% buyout multiplier)
.

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

Annual buyout cost of $483,333
(Total buyout cost/2 years)

Tyler Motte projected buyout 2021-2022 season
2021-2022 2022-2023
Remaining Base Salary
$1,450,000
$1,450,000 $0
Original Cap Hit $1,225,000 $0
Contract Signing Bonus $0 $0
Contract Total Salary ($1,450,000) ($0)
Annual Buyout Cost $483,333 $483,333
ACTUAL CAP HIT Vancouver Canucks logo $258,333 $483,333
Savings $966,667 $-483,333

Active Contract

Signing Team
Signing Date October 9, 2020
Signing Status RFA
Agent Richard Evans
Standard Contract | 2 Years $2,450,000 1.50% of cap space
2020-2021 2021-2022
Cap Hit $1,225,000 $1,225,000
UFA
AAV $1,225,000 $1,225,000
Performance Bonuses $0 $0
Base Salary $1,000,000 $1,450,000
Signing Bonuses $0 $0
Total Salary $1,000,000 $1,450,000
Minors Salary $1,000,000 $1,450,000
Clauses
UFA Year
Buy It Out