A Olli Määttä buyout spans 4 years, has a cost of $2,722,267 and savings of $5,444,533. Määttä is 25 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $8,166,800 in salary remaining, the cost is $2,722,267, and the savings are $5,444,533. Buyouts span twice the length of the remaining years and because there are 2 years remaining in the contract, the buyout length is 4 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.
Retained Salary
This contract was involved in a retained salary transaction. The resulting costs and cap hit are therefore split between each team based on the percentage of salary retained by the respective teams.
- Chicago Blackhawks: 18.4%
Cost Calculations
BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
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Jun. 15, 2020 | $8,166,800 | $0 | 2 | 4 | 25 | 1/3 | $2,722,267 | $5,444,533 | $680,567 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (DET) | CAP HIT (CHI) |
2020-21 | $4,083,300 | $4,083,333 | $0 | $680,567 | $680,567 | $3,402,733 | $555,574 | $125,026 |
2021-22 | $4,083,500 | $4,083,333 | $0 | $680,567 | $680,567 | $3,402,933 | $555,411 | $124,989 |
2022-23 | $0 | $0 | $0 | $680,567 | $680,567 | -$680,567 | $555,547 | $125,020 |
2023-24 | $0 | $0 | $0 | $680,567 | $680,567 | -$680,567 | $555,547 | $125,020 |
TOTAL | $8,166,800 | $8,166,666 | $0 | $2,722,267 | $2,722,267 | $5,444,533 | $2,222,079 (81.6%) | $500,055 (18.4%) |