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/VAN/8481624.png)
If Ilya Mikheyev was bought out prior to the 2024-2025 season.
Total Cost
$9,300,000$9.30M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 29 years old at the buyout, giving him a 67% buyout multiplier.
$6,200,000$6.20M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$1,550,000$1.55M
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
4yrs
-$
-$
-$
-$
$
$
24/25
25/26
27/28
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
2
Contract End
2025-26
Buyout Length
4
Buyout End
2027-28
Buyout Summary
Abbreviated $Amounts
2024-25 | 2025-26 | 2026-27 | 2027-28 | |
---|---|---|---|---|
Original Cap Hit
|
$4,750,000$4.75M | $4,750,000$4.75M | - | - |
Base Salary
|
($5,150,000$5.15M) | ($4,150,000$4.15M) | (-) | (-) |
Total Salary | ($5,150,000$5.15M) | ($4,150,000$4.15M) | (-) | (-) |
Signing Bonus | - | - | - | - |
Annual Buyout Cost | $1,550,000$1.55M | $1,550,000$1.55M | $1,550,000$1.55M | $1,550,000$1.55M |
$1,150,000$1.15M |
$2,150,000$2.15M |
$1,550,000$1.55M |
$1,550,000$1.55M |
|
$3,600,000$3.60M |
$2,600,000$2.60M |
$-1,550,000$-1.55M |
$-1,550,000$-1.55M |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2022-2026
Standard Contract
4yrs
value$19,000,000$19.00M
cap hit$4,750,000$4.75M
expires
2026
UFA
31yrs
Abbreviated $Amounts
2022-23
|
2023-24
|
Buy Out 2024-25
|
Buy Out 2025-26
|
2026 |
|
---|---|---|---|---|---|
Cap Hit | $4,750,000$4.75M | $4,750,000$4.75M | $4,750,000$4.75M | $4,750,000$4.75M | UFA 31yrs |
AAV | $4,750,000$4.75M | $4,750,000$4.75M | $4,750,000$4.75M | $4,750,000$4.75M | |
Base | $4,350,000$4.35M | $5,350,000$5.35M | $5,150,000$5.15M | $4,150,000$4.15M | |
Performance Bonuses | - | - | - | - | |
Signing Bonuses | - | - | - | - | |
Total Salary | $4,350,000$4.35M | $5,350,000$5.35M | $5,150,000$5.15M | $4,150,000$4.15M | |
Minors Salary | $4,350,000$4.35M | $5,350,000$5.35M | $5,150,000$5.15M | $4,150,000$4.15M | |
Clauses |
M-NTC
|
M-NTC
|
M-NTC
|
M-NTC
|
|
UFA Year |
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