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
If Damon Severson was bought out prior to the 2028-2029 season.
Total Cost
$14,300,000$14.30M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 33 years old at the buyout, giving him a 67% buyout multiplier.
$9,533,333$9.53M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$1,588,889$1.59M
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
6yrs
-$
-$
-$
-$
-$
-$
$
$
$
28/29
30/31
33/34
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
3
Contract End
2030-31
Buyout Length
6
Buyout End
2033-34
Buyout Summary
Abbreviated $Amounts
| 2028-29 | 2029-30 | 2030-31 | 2031-32 | 2032-33 | 2033-34 | |
|---|---|---|---|---|---|---|
|
Original Cap Hit
|
$6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | - | - | - |
|
Base Salary
|
($4,100,000$4.10M) | ($5,100,000$5.10M) | ($5,100,000$5.10M) | (-) | (-) | (-) |
| Total Salary | ($5,100,000$5.10M) | ($5,100,000$5.10M) | ($5,100,000$5.10M) | (-) | (-) | (-) |
| Signing Bonus | $1,000,000$1.00M | - | - | - | - | - |
| Annual Buyout Cost | $1,588,889$1.59M | $1,588,889$1.59M | $1,588,889$1.59M | $1,588,889$1.59M | $1,588,889$1.59M | $1,588,889$1.59M |
 Actual Cap Hit |
$3,738,889$3.74M |
$2,738,889$2.74M |
$2,738,889$2.74M |
$1,588,889$1.59M |
$1,588,889$1.59M |
$1,588,889$1.59M |
Savings 100.0% |
$2,511,111$2.51M |
$3,511,111$3.51M |
$3,511,111$3.51M |
$-1,588,889$-1.59M |
$-1,588,889$-1.59M |
$-1,588,889$-1.59M |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2023-2031
Standard Contract
8yrs
value$50,000,000$50.00M
cap hit$6,250,000$6.25M
expires
2031
UFA
36yrs
Abbreviated $Amounts
|
2023-24
|
Buy Out 2024-25
|
Buy Out 2025-26
|
Buy Out 2026-27
|
Buy Out 2027-28
|
Buy Out 2028-29
|
Buy Out 2029-30
|
Buy Out 2030-31
|
2031 |
|
|---|---|---|---|---|---|---|---|---|---|
| Cap Hit | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | UFA 36yrs |
| AAV | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | $6,250,000$6.25M | |
| Base | $6,000,000$6.00M | $6,000,000$6.00M | $5,500,000$5.50M | $4,100,000$4.10M | $3,300,000$3.30M | $4,100,000$4.10M | $5,100,000$5.10M | $5,100,000$5.10M | |
| Performance Bonuses | - | - | - | - | - | - | - | - | |
| Signing Bonuses | $2,000,000$2.00M | $2,000,000$2.00M | $2,000,000$2.00M | $2,000,000$2.00M | $1,800,000$1.80M | $1,000,000$1.00M | - | - | |
| Total Salary | $8,000,000$8.00M | $8,000,000$8.00M | $7,500,000$7.50M | $6,100,000$6.10M | $5,100,000$5.10M | $5,100,000$5.10M | $5,100,000$5.10M | $5,100,000$5.10M | |
| Minors Salary | $8,000,000$8.00M | $8,000,000$8.00M | $7,500,000$7.50M | $6,100,000$6.10M | $5,100,000$5.10M | $5,100,000$5.10M | $5,100,000$5.10M | $5,100,000$5.10M | |
| Clauses |
NTC
|
NTC
|
NTC
|
NTC
|
M-NTC
|
M-NTC
|
M-NTC
|
M-NTC
|
|
| UFA Year |
Popular Buyouts
Players with the most buyout views
(Team at time of buyout) |
Cap Hit |
% Of Views |
|---|---|---|
$5.00M |
15% |
|
$10.50M |
15% |
|
$8.50M |
13% |
|
$6.50M |
12% |
|
$4.82M |
12% |
|
$9.00M |
12% |
|
$12.60M |
11% |
|
$9.25M |
10% |
RT @TonyAndrock: NEWS: Carolina & AHL-Chicago are closing in on a new multi-year affiliation agreement.
@InsideAHLHockey has learned, when…
So is it a 1/3 or 2/3 buyout?
If the cup is awarded June 23, they cannot buy him out until after he turns 26, meaning 2/3 buyout.
If cup is awarded before June 22, they could potentially buy him out before he turns 26, making it a 1/3 buyout.
t.co/VrNAe9JnO5
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