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 Devante Smith-Pelly was bought out prior to the 2017-2018 season.
Total Cost
$1,350,000$1.35M
Total Remaining Base Salary
33%
Buyout Multiplier
He would be 25 years old at the buyout, giving him a 33% buyout multiplier.
$450,000$450K
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$225,000$225K
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
2yrs
-$
-$
$
17/18
18/19
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
1
Contract End
2017-18
Buyout Length
2
Buyout End
2018-19
Buyout Summary
Abbreviated $Amounts
2017-18 | 2018-19 | |
---|---|---|
Original Cap Hit
|
$1,300,000$1.30M | - |
Base Salary
|
($1,350,000$1.35M) | (-) |
Total Salary | ($1,350,000$1.35M) | (-) |
Signing Bonus | - | - |
Annual Buyout Cost | $225,000$225K | $225,000$225K |
$175,000$175K |
$225,000$225K |
|
$1,125,000$1.13M |
$-225,000$-225K |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
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