Buyout Summary Popular Buyouts

NHL Buyout Calculator

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.

Mike Ribeiro

#63

age44

posC

shotl

h6'0"

w179lbs

Birthdate

Feb 10, 1980

Player Profile

If Mike Ribeiro was bought out prior to the 2014-2015 season.

$17,500,000$17.50M

Total Remaining Base Salary

67%

Buyout Multiplier

He would be 34 years old at the buyout, giving him a 67% buyout multiplier.

$11,666,667$11.67M

Buyout Total Cost

Remaining base salary X Age Multiplier.

Annual Buyout Cost

$1,944,444$1.94M

$11,666,667$11.67M / 6yrs

Annual Cap Hit

The final cap hit for each year equals:

Cap Hit (AAV) - Base Salary + Annual Buyout Cost

6yrs

14/15

16/17

19/20

Buyout Length

Buyouts are applied evenly over 2x the years remaining on the contract.

Years Remaining 3

Contract End 2016-17

Buyout Length 6

Buyout End 2019-20

Abbreviated $Amounts

	2014-15	2015-16	2016-17	2017-18	2018-19	2019-20
Original Cap Hit	$5,500,000$5.50M	$5,500,000$5.50M	$5,500,000$5.50M	-	-	-
Base Salary	($5,500,000$5.50M)	($6,000,000$6.00M)	($6,000,000$6.00M)	(-)	(-)	(-)
Total Salary	($5,500,000$5.50M)	($6,000,000$6.00M)	($6,000,000$6.00M)	(-)	(-)	(-)
Signing Bonus	-	-	-	-	-	-
Annual Buyout Cost	$1,944,444$1.94M	$1,944,444$1.94M	$1,944,444$1.94M	$1,944,444$1.94M	$1,944,444$1.94M	$1,944,444$1.94M
Actual Cap Hit	$1,944,444$1.94M	$1,444,444$1.44M	$1,444,444$1.44M	$1,944,444$1.94M	$1,944,444$1.94M	$1,944,444$1.94M
Savings 100.0%	$3,555,556$3.56M	$4,055,556$4.06M	$4,055,556$4.06M	$-1,944,444$-1.94M	$-1,944,444$-1.94M	$-1,944,444$-1.94M

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