Tag Archives: Salary Cap Hell

Wild Whangdoodle: Buyouts!

The Wild have bought out Parise and Suter.

They will be paying them $833,333 each for the next 8 years, and their hit against the salary cap will be as follows.

2021-22: $2.37M
2022-23: $6.37M
2023-24: $7.37M
2024-25: $7.37M
2025-26: $0.833M
2026-27: $0.833M
2027-28: $0.833M
2028-29: $0.833M

If they hadn't been bought out it would have been $7.54M for the next four years.

Bill Guerin apparently didn't buy into the short season's success against weak competition in California and is building for 4-5 years down the line?

I don't know how else to interpret this one.