NHL Buyout Calculator

Joel Farabee

#86
age24
posLW
shotl
h6'0"
w183lbs
Birthdate
Feb 25, 2000
Player Profile

If Joel Farabee was bought out prior to the 2024-2025 season.

Total Cost

$19,250,000$19.25M
Total Remaining Base Salary
33%
Buyout Multiplier
He would be 24 years old at the buyout, giving him a 33% buyout multiplier.
$6,416,667$6.42M
Buyout Total Cost
Remaining base salary X Age Multiplier.

Annual Implications

Annual Buyout Cost
$802,083$802K
$6,416,667$6.42M / 8yrs
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
8yrs
-$
-$
-$
-$
-$
-$
-$
-$
$
$
$
$
24/25
27/28
31/32
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining 4
Contract End 2027-28
Buyout Length 8
Buyout End 2031-32

Buyout Summary

Abbreviated $Amounts
2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32
Original Cap Hit
$5,000,000$5.00M $5,000,000$5.00M $5,000,000$5.00M $5,000,000$5.00M - - - -
Base Salary
($3,000,000$3.00M) ($4,250,000$4.25M) ($6,000,000$6.00M) ($6,000,000$6.00M) (-) (-) (-) (-)
Total Salary ($5,000,000$5.00M) ($5,750,000$5.75M) ($6,000,000$6.00M) ($6,000,000$6.00M) (-) (-) (-) (-)
Signing Bonus $2,000,000$2.00M $1,500,000$1.50M - - - - - -
Annual Buyout Cost $802,083$802K $802,083$802K $802,083$802K $802,083$802K $802,083$802K $802,083$802K $802,083$802K $802,083$802K
Actual Cap Hit
$2,802,083$2.80M
$1,552,083$1.55M
$-197,917$-198K
$-197,917$-198K
$802,083$802K
$802,083$802K
$802,083$802K
$802,083$802K
Savings
100.0%
$2,197,917$2.20M
$3,447,917$3.45M
$5,197,917$5.20M
$5,197,917$5.20M
$-802,083$-802K
$-802,083$-802K
$-802,083$-802K
$-802,083$-802K
Click button(s) in current contract below to buyout another year from this contract.

Current Contract

2022-2028 Standard Contract
6yrs
value$30,000,000$30.00M
cap hit$5,000,000$5.00M
Abbreviated $Amounts
2022-23
2023-24
Buy Out
2024-25
Buy Out
2025-26
Buy Out
2026-27
Buy Out
2027-28
2028
Cap Hit $5,000,000$5.00M $5,000,000$5.00M $5,000,000$5.00M $5,000,000$5.00M $5,000,000$5.00M $5,000,000$5.00M
UFA
28yrs
AAV $5,000,000$5.00M $5,000,000$5.00M $5,000,000$5.00M $5,000,000$5.00M $5,000,000$5.00M $5,000,000$5.00M
Base $1,000,000$1.00M $2,250,000$2.25M $3,000,000$3.00M $4,250,000$4.25M $6,000,000$6.00M $6,000,000$6.00M
Performance Bonuses - - - - - -
Signing Bonuses $2,000,000$2.00M $2,000,000$2.00M $2,000,000$2.00M $1,500,000$1.50M - -
Total Salary $3,000,000$3.00M $4,250,000$4.25M $5,000,000$5.00M $5,750,000$5.75M $6,000,000$6.00M $6,000,000$6.00M
Minors Salary $3,000,000$3.00M $4,250,000$4.25M $5,000,000$5.00M $5,750,000$5.75M $6,000,000$6.00M $6,000,000$6.00M
Clauses
-
-
-
-
-
-
UFA Year

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