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 Lukas Cormier was bought out prior to the 2023-2024 season.
Total Cost
$1,550,000$1.55M
Total Remaining Base Salary
33%
Buyout Multiplier
He would be 21 years old at the buyout, giving him a 33% buyout multiplier.
$516,667$517K
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$129,167$129K
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
4yrs
-$
-$
-$
-$
$
$
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
Lukas Cormier |
2023-24 | 2024-25 | 2025-26 | 2026-27 |
|---|---|---|---|---|
|
Original Cap Hit
|
$793,333$793K | $793,333$793K | - | - |
|
Base Salary
|
($775,000$775K) | ($775,000$775K) | (-) | (-) |
| Total Salary | ($775,000$775K) | ($775,000$775K) | (-) | (-) |
| Signing Bonus | - | - | - | - |
| Annual Buyout Cost | $129,167$129K | $129,167$129K | $129,167$129K | $129,167$129K |
 Actual Cap Hit |
$147,500$147K |
$147,500$147K |
$129,167$129K |
$129,167$129K |
Savings 100.0% |
$645,833$646K |
$645,833$646K |
$-129,167$-129K |
$-129,167$-129K |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2020-2025
Entry Level Contract
3yrs
value$2,379,999$2.38M
cap hit$793,333$793K
expiry
2025
RFA
age 23
Abbreviated $Amounts
|
2020-21
|
2021-22
|
2022-23
|
2023-24
|
2024-25
|
2025 |
|
|---|---|---|---|---|---|---|
| Cap Hit | $813,333$813K | $812,500$813K | $793,333$793K | $793,333$793K | $793,333$793K | RFAage 23 |
| AAV | $813,333$813K | $812,500$813K | $793,333$793K | $793,333$793K | $793,333$793K | |
| Base | - | - | $750,000$750K | $775,000$775K | $775,000$775K | |
| Performance Bonuses | - | - | - | - | - | |
| Signing Bonuses | $77,500$78K | $80,000$80K | $82,500$83K | - | - | |
| Total Salary | $77,500$78K | $80,000$80K | $832,500$833K | $775,000$775K | $775,000$775K | |
| Minors Salary | - | - | $80,000$80K | $80,000$80K | $80,000$80K | |
| Clauses |
- |
- |
- |
- |
- |
|
| UFA Year | ||||||
| Slide 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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