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 Jared Spurgeon was bought out prior to the 2024-2025 season.
Total Cost
$21,025,000$21.03M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 34 years old at the buyout, giving him a 67% buyout multiplier.
$14,016,667$14.02M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$2,336,111$2.34M
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
6yrs
-$
-$
-$
-$
-$
-$
$
$
$
24/25
26/27
29/30
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
3
Contract End
2026-27
Buyout Length
6
Buyout End
2029-30
Buyout Summary
Abbreviated $Amounts
| 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | 2029-30 | |
|---|---|---|---|---|---|---|
|
Original Cap Hit
|
$7,575,000$7.58M | $7,575,000$7.58M | $7,575,000$7.58M | - | - | - |
|
Base Salary
|
($8,000,000$8.00M) | ($7,000,000$7.00M) | ($6,025,000$6.03M) | (-) | (-) | (-) |
| Total Salary | ($8,000,000$8.00M) | ($7,000,000$7.00M) | ($6,025,000$6.03M) | (-) | (-) | (-) |
| Signing Bonus | - | - | - | - | - | - |
| Annual Buyout Cost | $2,336,111$2.34M | $2,336,111$2.34M | $2,336,111$2.34M | $2,336,111$2.34M | $2,336,111$2.34M | $2,336,111$2.34M |
 Actual Cap Hit |
$1,911,111$1.91M |
$2,911,111$2.91M |
$3,886,111$3.89M |
$2,336,111$2.34M |
$2,336,111$2.34M |
$2,336,111$2.34M |
Savings 100.0% |
$5,663,889$5.66M |
$4,663,889$4.66M |
$3,688,889$3.69M |
$-2,336,111$-2.34M |
$-2,336,111$-2.34M |
$-2,336,111$-2.34M |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2020-2027
Standard Contract
7yrs
value$53,025,000$53.03M
cap hit$7,575,000$7.58M
expires
2027
UFA
37yrs
Abbreviated $Amounts
|
2020-21
|
2021-22
|
2022-23
|
2023-24
|
Buy Out 2024-25
|
Buy Out 2025-26
|
Buy Out 2026-27
|
2027 |
|
|---|---|---|---|---|---|---|---|---|
| Cap Hit | $7,575,000$7.58M | $7,575,000$7.58M | $7,575,000$7.58M | $7,575,000$7.58M | $7,575,000$7.58M | $7,575,000$7.58M | $7,575,000$7.58M | UFA 37yrs |
| AAV | $7,575,000$7.58M | $7,575,000$7.58M | $7,575,000$7.58M | $7,575,000$7.58M | $7,575,000$7.58M | $7,575,000$7.58M | $7,575,000$7.58M | |
| Base | $5,000,000$5.00M | $5,000,000$5.00M | $6,000,000$6.00M | $8,000,000$8.00M | $8,000,000$8.00M | $7,000,000$7.00M | $6,025,000$6.03M | |
| Performance Bonuses | - | - | - | - | - | - | - | |
| Signing Bonuses | $4,000,000$4.00M | $4,000,000$4.00M | - | - | - | - | - | |
| Total Salary | $9,000,000$9.00M | $9,000,000$9.00M | $6,000,000$6.00M | $8,000,000$8.00M | $8,000,000$8.00M | $7,000,000$7.00M | $6,025,000$6.03M | |
| Minors Salary | $9,000,000$9.00M | $9,000,000$9.00M | $6,000,000$6.00M | $8,000,000$8.00M | $8,000,000$8.00M | $7,000,000$7.00M | $6,025,000$6.03M | |
| Clauses |
NMC
|
NMC
|
NMC
|
NMC
|
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 |
16% |
|
$10.50M |
15% |
|
$6.50M |
12% |
|
$4.82M |
12% |
|
$9.25M |
11% |
|
$8.50M |
11% |
|
$12.60M |
11% |
|
$9.00M |
11% |
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