SalarySwishSalarySwish

Victor Rask Buyout Results

A Victor Rask buyout spans 4 years, has a cost of $5,333,333 and savings of $2,666,667. Rask is 27 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $8,000,000 in salary remaining, the cost is $5,333,333, and the savings are $2,666,667. 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.
  • Minnesota Wild: 50%
Buyout Date
Cost Calculations
BUYOUT DATEBASE SALARY REMAININGS.BONUS REMAININGYEARS REMAININGBUYOUT LENGTHAGEBUYOUT RATIOTOTAL COSTTOTAL SAVINGSANNUAL COST
Jun. 15, 2020$8,000,000$024272/3$5,333,333$2,666,667$1,333,333
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HITCAP HIT (Logo of the Minnesota WildMIN)
2020-21$4,000,000$4,000,000$0$1,333,333$1,333,333$2,666,667$666,667$666,667
2021-22$4,000,000$4,000,000$0$1,333,333$1,333,333$2,666,667$666,667$666,667
2022-23$0$0$0$1,333,333$1,333,333-$1,333,333$666,667$666,667
2023-24$0$0$0$1,333,333$1,333,333-$1,333,333$666,667$666,667
TOTAL$8,000,000$8,000,000$0$5,333,333$5,333,333$2,666,667$2,666,668 (50%)$2,666,668 (50%)