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 Michael Grabner was bought out prior to the 2020-2021 season.
Total Cost
$3,775,000
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 32 years old at the buyout, giving him a 67% buyout multiplier.
$2,516,667
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$1,258,333
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
2yrs
-$
-$
$
20/21
21/22
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
1
Contract End
2020-2021
Buyout Length
2
Buyout End
2021-2022
Buyout Summary
2020-21 | 2021-22 | |
---|---|---|
Original Cap Hit
|
$3,350,000 $3.4M | - |
Base Salary
|
($3,775,000 $3.8M) | (-) |
Total Salary | ($3,775,000 $3.8M) | (-) |
Signing Bonus | - | - |
Annual Buyout Cost | $1,258,333 $1.3M | $1,258,333 $1.3M |
$833,333 $833K |
$1,258,333 $1.3M |
|
$2,516,667 $2.5M |
$-1,258,333 $-1.3M |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
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