Buyout Summary Popular Buyouts

NHL Buyout Calculator

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.

James Neal

#81

age36

posLW

shotl

h6'3"

w212lbs

Birthdate

Sep 3, 1987

Player Profile

If James Neal was bought out prior to the 2021-2022 season.

$11,500,000$11.50M

Total Remaining Base Salary

67%

Buyout Multiplier

He would be 33 years old at the buyout, giving him a 67% buyout multiplier.

$7,666,667$7.67M

Buyout Total Cost

Remaining base salary X Age Multiplier.

Annual Buyout Cost

$1,916,667$1.92M

$7,666,667$7.67M / 4yrs

Annual Cap Hit

The final cap hit for each year equals:

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

4yrs

21/22

22/23

24/25

Buyout Length

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

Years Remaining 2

Contract End 2022-23

Buyout Length 4

Buyout End 2024-25

Abbreviated $Amounts

	2021-22	2022-23	2023-24	2024-25
Original Cap Hit	$5,750,000$5.75M	$5,750,000$5.75M	-	-
Base Salary	($5,750,000$5.75M)	($5,750,000$5.75M)	(-)	(-)
Total Salary	($5,750,000$5.75M)	($5,750,000$5.75M)	(-)	(-)
Signing Bonus	-	-	-	-
Annual Buyout Cost	$1,916,667$1.92M	$1,916,667$1.92M	$1,916,667$1.92M	$1,916,667$1.92M
Actual Cap Hit	$1,916,667$1.92M	$1,916,667$1.92M	$1,916,667$1.92M	$1,916,667$1.92M
Savings 100.0%	$3,833,333$3.83M	$3,833,333$3.83M	$-1,916,667$-1.92M	$-1,916,667$-1.92M

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