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 Mikey Anderson was bought out prior to the 2028-2029 season.
Total Cost
$12,600,000
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 29 years old at the buyout, giving him a 67% buyout multiplier.
$8,400,000
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$1,400,000
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
6yrs
-$
-$
-$
-$
-$
-$
$
$
$
28/29
30/31
33/34
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
3
Contract End
2030-2031
Buyout Length
6
Buyout End
2033-2034
Buyout Summary
2028-29 | 2029-30 | 2030-31 | 2031-32 | 2032-33 | 2033-34 | |
---|---|---|---|---|---|---|
Original Cap Hit
|
$4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | - | - | - |
Base Salary
|
($4,200,000 $4.2M) | ($4,200,000 $4.2M) | ($4,200,000 $4.2M) | (-) | (-) | (-) |
Total Salary | ($4,200,000 $4.2M) | ($4,200,000 $4.2M) | ($4,200,000 $4.2M) | (-) | (-) | (-) |
Signing Bonus | - | - | - | - | - | - |
Annual Buyout Cost | $1,400,000 $1.4M | $1,400,000 $1.4M | $1,400,000 $1.4M | $1,400,000 $1.4M | $1,400,000 $1.4M | $1,400,000 $1.4M |
$1,325,000 $1.3M |
$1,325,000 $1.3M |
$1,325,000 $1.3M |
$1,400,000 $1.4M |
$1,400,000 $1.4M |
$1,400,000 $1.4M |
|
$2,800,000 $2.8M |
$2,800,000 $2.8M |
$2,800,000 $2.8M |
$-1,400,000 $-1.4M |
$-1,400,000 $-1.4M |
$-1,400,000 $-1.4M |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2023-2031
Standard Contract
8yrs
value$33.0M
cap hit$4.1M
expires
2031
UFA
32yrs
2023-24
|
Buy Out 2024-25
|
Buy Out 2025-26
|
Buy Out 2026-27
|
Buy Out 2027-28
|
Buy Out 2028-29
|
Buy Out 2029-30
|
Buy Out 2030-31
|
2031 |
|
---|---|---|---|---|---|---|---|---|---|
Cap Hit | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | UFA 32yrs |
AAV | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | $4,125,000 $4.1M | |
Base | $1,600,000 $1.6M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | |
Performance Bonuses | - | - | - | - | - | - | - | - | |
Signing Bonuses | $2,000,000 $2.0M | - | - | - | - | - | - | - | |
Total Salary | $3,600,000 $3.6M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | |
Minors Salary | $3,600,000 $3.6M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | $4,200,000 $4.2M | |
Clauses |
- |
- |
- |
M-NTC
|
M-NTC
|
M-NTC
|
M-NTC
|
M-NTC
|
|
UFA Year |
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