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://puckpedia.com/s/nhl/8474596.jpg)
If Jake Allen was bought out prior to the 2023-2024 season.
Total Cost
$6,200,000$6.20M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 32 years old at the buyout, giving him a 67% buyout multiplier.
$4,133,333$4.13M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$1,033,333$1.03M
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
Retained Salary
This contract has retained salary from a previous trade. The buyout costs, and savings are split between the teams as shown below.
4yrs
-$
-$
-$
-$
$
$
23/24
24/25
26/27
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
2
Contract End
2024-25
Buyout Length
4
Buyout End
2026-27
Buyout Summary
Abbreviated $Amounts
Jake Allen |
2023-24 | 2024-25 | 2025-26 | 2026-27 |
---|---|---|---|---|
Original Cap Hit
|
$3,850,000$3.85M | $3,850,000$3.85M | - | - |
Base Salary
|
($3,900,000$3.90M) | ($2,300,000$2.30M) | (-) | (-) |
Total Salary | ($4,400,000$4.40M) | ($3,300,000$3.30M) | (-) | (-) |
Signing Bonus | $500,000$500K | $1,000,000$1.00M | - | - |
Annual Buyout Cost | $1,033,333$1.03M | $1,033,333$1.03M | $1,033,333$1.03M | $1,033,333$1.03M |
$491,667$492K |
$1,291,667$1.29M |
$516,667$517K |
$516,667$517K |
|
$1,433,333$1.43M |
$633,333$633K |
$-516,667$-517K |
$-516,667$-517K |
|
$491,667$492K |
$1,291,667$1.29M |
$516,667$517K |
$516,667$517K |
|
$1,433,333$1.43M |
$633,333$633K |
$-516,667$-517K |
$-516,667$-517K |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2023-2025
Standard Contract
term2yrs
value$7,700,000$7.70M
cap hit$3,850,000$3.85M
expiry
2025
UFA
age 34
Abbreviated $Amounts
2023-24
|
2024-25
|
2025 |
|
---|---|---|---|
Cap Hit | $3,850,000$3.85M | $3,850,000$3.85M | UFAage 34 |
AAV | $3,850,000$3.85M | $3,850,000$3.85M | |
Base | $3,900,000$3.90M | $2,300,000$2.30M | |
Performance Bonuses | - | - | |
Signing Bonuses | $500,000$500K | $1,000,000$1.00M | |
Total Salary | $4,400,000$4.40M | $3,300,000$3.30M | |
Minors Salary | $4,400,000$4.40M | $3,300,000$3.30M | |
Clauses |
M-NTC
|
M-NTC
|
|
UFA Year | |||
Buy Out | Buy Out |
Popular Buyouts
Players with the most buyout views
(Team at time of buyout) |
Cap Hit |
% Of Views |
---|---|---|
$9.25M |
20% |
|
$10.50M |
15% |
|
$8.50M |
14% |
|
$5.00M |
12% |
|
$6.50M |
11% |
|
$4.82M |
11% |
|
$9.50M |
9% |
|
$9.00M |
8% |
The #NHLJets re-signed 23 y/o RFA RD Simon Lundmark to 1 year deal
NHL 775K
Minors 100K
17P in 67 AHL GP
Rep'd by @KOSportsInc
t.co/FrbSuqFW2U
RT @FriedgeHNIC: Good news on Patrik Laine: he is cleared to return from the NHL/NHLPA Player Assistance Program. Glad to see he is feeling…
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