Use the PuckPedia Buyout Calculator to see the cash and salary cap impact of a buyout. If you are wondering more about how NHL contract buyouts work, visit our Capology section, or Ask The Capologist.
NHL Buyout Calculator
![](https://assets.nhle.com/mugs/nhl/20232024/PHI/8480797.png)
If Joel Farabee was bought out prior to the 2026-2027 season.
Total Cost
$12,000,000$12.00M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 26 years old at the buyout, giving him a 67% buyout multiplier.
$8,000,000$8.00M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$2,000,000$2.00M
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
4yrs
-$
-$
-$
-$
$
$
26/27
27/28
29/30
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
2
Contract End
2027-28
Buyout Length
4
Buyout End
2029-30
Buyout Summary
Abbreviated $Amounts
2026-27 | 2027-28 | 2028-29 | 2029-30 | |
---|---|---|---|---|
Original Cap Hit
|
$5,000,000$5.00M | $5,000,000$5.00M | - | - |
Base Salary
|
($6,000,000$6.00M) | ($6,000,000$6.00M) | (-) | (-) |
Total Salary | ($6,000,000$6.00M) | ($6,000,000$6.00M) | (-) | (-) |
Signing Bonus | - | - | - | - |
Annual Buyout Cost | $2,000,000$2.00M | $2,000,000$2.00M | $2,000,000$2.00M | $2,000,000$2.00M |
$1,000,000$1.00M |
$1,000,000$1.00M |
$2,000,000$2.00M |
$2,000,000$2.00M |
|
$4,000,000$4.00M |
$4,000,000$4.00M |
$-2,000,000$-2.00M |
$-2,000,000$-2.00M |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2022-2028
Standard Contract
term6yrs
value$30,000,000$30.00M
cap hit$5,000,000$5.00M
expires
2028
UFA
28yrs
Abbreviated $Amounts
2022-23
|
2023-24
|
Buy Out 2024-25
|
Buy Out 2025-26
|
Buy Out 2026-27
|
Buy Out 2027-28
|
2028 |
|
---|---|---|---|---|---|---|---|
Cap Hit | $5,000,000$5.00M | $5,000,000$5.00M | $5,000,000$5.00M | $5,000,000$5.00M | $5,000,000$5.00M | $5,000,000$5.00M | UFA 28yrs |
AAV | $5,000,000$5.00M | $5,000,000$5.00M | $5,000,000$5.00M | $5,000,000$5.00M | $5,000,000$5.00M | $5,000,000$5.00M | |
Base | $1,000,000$1.00M | $2,250,000$2.25M | $3,000,000$3.00M | $4,250,000$4.25M | $6,000,000$6.00M | $6,000,000$6.00M | |
Performance Bonuses | - | - | - | - | - | - | |
Signing Bonuses | $2,000,000$2.00M | $2,000,000$2.00M | $2,000,000$2.00M | $1,500,000$1.50M | - | - | |
Total Salary | $3,000,000$3.00M | $4,250,000$4.25M | $5,000,000$5.00M | $5,750,000$5.75M | $6,000,000$6.00M | $6,000,000$6.00M | |
Minors Salary | $3,000,000$3.00M | $4,250,000$4.25M | $5,000,000$5.00M | $5,750,000$5.75M | $6,000,000$6.00M | $6,000,000$6.00M | |
Clauses |
- |
- |
- |
- |
- |
- |
|
UFA Year |
Popular Buyouts
Players with the most buyout views
(Team at time of buyout) |
Cap Hit |
% Of Views |
---|---|---|
$9.25M |
17% |
|
$8.50M |
15% |
|
$10.50M |
14% |
|
$5.00M |
13% |
|
$4.82M |
12% |
|
$9.50M |
10% |
|
$6.50M |
10% |
|
$12.60M |
9% |
The #SeaKraken signed '23 #52 pick Molgaard to 3 year ELC:
Year 1 775K NHL, 95K Signing Bonus, 80K GP Bonus
Year 2 & 3 855K NHL, 95K Signing Bonus
Cap Hit 923K, AAV 950K
Rep'd by Claude Lemieux @4sportshockey
t.co/WdhjTaX6lB
RT @PuckReportNHL: #GoSensGo re-signed RFA F Cole Reinhardt to a 1 year extension: $775K NHL / $95K AHL. @PuckPedia
t.co/f2x7yPqFVN
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