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Matthew Boldy Buyout Results

A Matthew Boldy buyout spans 12 years, has a cost of $13,666,667 and savings of $27,333,333. Boldy is 23 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $41,000,000 in salary remaining, the cost is $13,666,667, and the savings are $27,333,333. Buyouts span twice the length of the remaining years and because there are 6 years remaining in the contract, the buyout length is 12 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.

Buyout Date
Cost Calculations
BUYOUT DATEBASE SALARY REMAININGS.BONUS REMAININGYEARS REMAININGBUYOUT LENGTHAGEBUYOUT RATIOTOTAL COSTTOTAL SAVINGSANNUAL COST
Jun. 15, 2024$41,000,000$0612231/3$13,666,667$27,333,333$1,138,889
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT (Logo of the Minnesota WildMIN)
2024-25$9,700,000$7,000,000$0$1,138,889$1,138,889$8,561,111-$1,561,111
2025-26$7,700,000$7,000,000$0$1,138,889$1,138,889$6,561,111$438,889
2026-27$6,000,000$7,000,000$0$1,138,889$1,138,889$4,861,111$2,138,889
2027-28$5,960,000$7,000,000$0$1,138,889$1,138,889$4,821,111$2,178,889
2028-29$5,820,000$7,000,000$0$1,138,889$1,138,889$4,681,111$2,318,889
2029-30$5,820,000$7,000,000$0$1,138,889$1,138,889$4,681,111$2,318,889
2030-31$0$0$0$1,138,889$1,138,889-$1,138,889$1,138,889
2031-32$0$0$0$1,138,889$1,138,889-$1,138,889$1,138,889
2032-33$0$0$0$1,138,889$1,138,889-$1,138,889$1,138,889
2033-34$0$0$0$1,138,889$1,138,889-$1,138,889$1,138,889
2034-35$0$0$0$1,138,889$1,138,889-$1,138,889$1,138,889
2035-36$0$0$0$1,138,889$1,138,889-$1,138,889$1,138,889
TOTAL$41,000,000$42,000,000$0$13,666,667$13,666,667$27,333,333$14,666,668