Can a Matt Murray buy out work this way

Team: 2023-24 Toronto Maple Leafs

Initial Creation Date: Jul. 3, 2023

Published: Jul. 3, 2023

Salary Cap Mode: Basic

I went to buy out Matt Murray and I noticed that Ottawa was on the hook for 25% of the buy out matching their 25% retention exactly.

2023/24 Leafs cap hit $687,500 (75%) Sens cap hit $229,167 (25%)
2024/25 Leafs cap hit $2,000,000 Sens cap hit $666,667

So...it looks like if a team trade trades for Matt Murray and the Leafs retain 50% then the buy out amount would be split between the Leafs and the other team.

2023/24 Leafs cap hit $343,750 (37.5%) 3rd team's cap hit $343,750 (37.5%) Sens cap hit $229,167 (25%)
2024/25 Leafs cap hit $1,000,000(37.5%) 3rd team's cap hit $1,000,000 (37.5%) Sens cap hit $666,667


Is this correct? (I randomly chose Winnipeg simply because they had over $9 MIL in cap space but it could be any team with $343,750 in cap space.