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 Kris Letang was bought out prior to the 2024-2025 season.
Total Cost
$18,600,000$18.60M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 37 years old at the buyout, giving him a 67% buyout multiplier.
$12,400,000$12.40M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$1,550,000$1.55M
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
8yrs
-$
-$
-$
-$
-$
-$
-$
-$
$
$
$
$
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
|
$6,100,000$6.10M | $6,100,000$6.10M | $6,100,000$6.10M | $6,100,000$6.10M | - | - | - | - |
|
Base Salary
|
($6,200,000$6.20M) | ($4,800,000$4.80M) | ($3,800,000$3.80M) | ($3,800,000$3.80M) | (-) | (-) | (-) | (-) |
| Total Salary | ($6,200,000$6.20M) | ($4,800,000$4.80M) | ($4,800,000$4.80M) | ($4,800,000$4.80M) | (-) | (-) | (-) | (-) |
| Signing Bonus | - | - | $1,000,000$1.00M | $1,000,000$1.00M | - | - | - | - |
| Annual Buyout Cost | $1,550,000$1.55M | $1,550,000$1.55M | $1,550,000$1.55M | $1,550,000$1.55M | $1,550,000$1.55M | $1,550,000$1.55M | $1,550,000$1.55M | $1,550,000$1.55M |
 Actual Cap Hit |
$1,450,000$1.45M |
$2,850,000$2.85M |
$3,850,000$3.85M |
$3,850,000$3.85M |
$1,550,000$1.55M |
$1,550,000$1.55M |
$1,550,000$1.55M |
$1,550,000$1.55M |
Savings 100.0% |
$4,650,000$4.65M |
$3,250,000$3.25M |
$2,250,000$2.25M |
$2,250,000$2.25M |
$-1,550,000$-1.55M |
$-1,550,000$-1.55M |
$-1,550,000$-1.55M |
$-1,550,000$-1.55M |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2022-2028
Standard Contract
6yrs
value$36,600,000$36.60M
cap hit$6,100,000$6.10M
expires
2028
UFA
41yrs
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 | $6,100,000$6.10M | $6,100,000$6.10M | $6,100,000$6.10M | $6,100,000$6.10M | $6,100,000$6.10M | $6,100,000$6.10M | UFA 41yrs |
| AAV | $6,100,000$6.10M | $6,100,000$6.10M | $6,100,000$6.10M | $6,100,000$6.10M | $6,100,000$6.10M | $6,100,000$6.10M | |
| Base | $4,000,000$4.00M | $8,000,000$8.00M | $6,200,000$6.20M | $4,800,000$4.80M | $3,800,000$3.80M | $3,800,000$3.80M | |
| Performance Bonuses | - | - | - | - | - | - | |
| Signing Bonuses | $4,000,000$4.00M | - | - | - | $1,000,000$1.00M | $1,000,000$1.00M | |
| Total Salary | $8,000,000$8.00M | $8,000,000$8.00M | $6,200,000$6.20M | $4,800,000$4.80M | $4,800,000$4.80M | $4,800,000$4.80M | |
| Minors Salary | $8,000,000$8.00M | $8,000,000$8.00M | $6,200,000$6.20M | $4,800,000$4.80M | $4,800,000$4.80M | $4,800,000$4.80M | |
| Clauses |
NMC
|
NMC
|
NMC
|
NMC
|
NMC
|
NMC
|
|
| 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 |
13% |
|
$9.00M |
12% |
|
$4.82M |
12% |
|
$8.50M |
11% |
|
$12.60M |
11% |
|
$9.25M |
10% |
The #SeaKraken signed '23 3rd Round Pick LD Caden Price to 3 year ELC
Yr 1: 775K Salary, 92.5K Signing Bonus, 57.5K GP Bonus, 77.5K Minors
Yr 2 & 3: 775/90/35/80
Cap Hit 866K, AAV 908K
Rep'd by Jason Davidson @tcnewsfeed
t.co/UbnPkSd3FT
A record 22 teams (69% of teams) used LTIR this season, and 15 finished over the $83.5M salary cap.
11 teams (& maybe 12) will lose cap space next year as their performance bonuses earned this year create a carryover overage next season
Read about it:
t.co/pgv5639r5C
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