Buyout Summary Popular Buyouts

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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.

Karl Alzner

#16

age35

posD

shotl

h6'3"

w214lbs

Birthdate

Sep 24, 1988

Player Profile

If Karl Alzner was bought out prior to the 2020-2021 season.

$5,000,000$5.00M

Total Remaining Base Salary

67%

Buyout Multiplier

He would be 31 years old at the buyout, giving him a 67% buyout multiplier.

$3,333,333$3.33M

Buyout Total Cost

Remaining base salary X Age Multiplier.

Annual Buyout Cost

$833,333$833K

$3,333,333$3.33M / 4yrs

Annual Cap Hit

The final cap hit for each year equals:

Cap Hit (AAV) - Base Salary + Annual Buyout Cost

4yrs

20/21

21/22

23/24

Buyout Length

Buyouts are applied evenly over 2x the years remaining on the contract.

Years Remaining 2

Contract End 2021-22

Buyout Length 4

Buyout End 2023-24

Abbreviated $Amounts

	2020-21	2021-22	2022-23	2023-24
Original Cap Hit	$4,625,000$4.63M	$4,625,000$4.63M	-	-
Base Salary	($1,500,000$1.50M)	($3,500,000$3.50M)	(-)	(-)
Total Salary	($3,000,000$3.00M)	($3,500,000$3.50M)	(-)	(-)
Signing Bonus	$1,500,000$1.50M	-	-	-
Annual Buyout Cost	$833,333$833K	$833,333$833K	$833,333$833K	$833,333$833K
Actual Cap Hit	$3,958,333$3.96M	$1,958,333$1.96M	$833,333$833K	$833,333$833K
Savings 100.0%	$666,667$667K	$2,666,667$2.67M	$-833,333$-833K	$-833,333$-833K

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