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 Miles Wood was bought out prior to the 2028-2029 season.
Total Cost
$2,000,000$2.00M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 32 years old at the buyout, giving him a 67% buyout multiplier.
$1,333,333$1.33M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$666,667$667K
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
2yrs
-$
-$
$
28/29
29/30
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
1
Contract End
2028-29
Buyout Length
2
Buyout End
2029-30
Buyout Summary
Abbreviated $Amounts
| 2028-29 | 2029-30 | |
|---|---|---|
|
Original Cap Hit
|
$2,500,000$2.50M | - |
|
Base Salary
|
($2,000,000$2.00M) | (-) |
| Total Salary | ($2,000,000$2.00M) | (-) |
| Signing Bonus | - | - |
| Annual Buyout Cost | $666,667$667K | $666,667$667K |
 Actual Cap Hit |
$1,166,667$1.17M |
$666,667$667K |
Savings 100.0% |
$1,333,333$1.33M |
$-666,667$-667K |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2023-2029
Standard Contract
6yrs
value$15,000,000$15.00M
cap hit$2,500,000$2.50M
expires
2029
UFA
33yrs
Abbreviated $Amounts
|
2023-24
|
Buy Out 2024-25
|
Buy Out 2025-26
|
Buy Out 2026-27
|
Buy Out 2027-28
|
Buy Out 2028-29
|
2029 |
|
|---|---|---|---|---|---|---|---|
| Cap Hit | $2,500,000$2.50M | $2,500,000$2.50M | $2,500,000$2.50M | $2,500,000$2.50M | $2,500,000$2.50M | $2,500,000$2.50M | UFA 33yrs |
| AAV | $2,500,000$2.50M | $2,500,000$2.50M | $2,500,000$2.50M | $2,500,000$2.50M | $2,500,000$2.50M | $2,500,000$2.50M | |
| Base | $3,250,000$3.25M | $3,250,000$3.25M | $2,500,000$2.50M | $2,000,000$2.00M | $2,000,000$2.00M | $2,000,000$2.00M | |
| Performance Bonuses | - | - | - | - | - | - | |
| Signing Bonuses | - | - | - | - | - | - | |
| Total Salary | $3,250,000$3.25M | $3,250,000$3.25M | $2,500,000$2.50M | $2,000,000$2.00M | $2,000,000$2.00M | $2,000,000$2.00M | |
| Minors Salary | $3,250,000$3.25M | $3,250,000$3.25M | $2,500,000$2.50M | $2,000,000$2.00M | $2,000,000$2.00M | $2,000,000$2.00M | |
| Clauses |
M-NTC
|
M-NTC
|
M-NTC
|
M-NTC
|
M-NTC
|
M-NTC
|
|
| UFA Year |
Popular Buyouts
Players with the most buyout views
(Team at time of buyout) |
Cap Hit |
% Of Views |
|---|---|---|
$5.00M |
15% |
|
$10.50M |
15% |
|
$8.50M |
13% |
|
$6.50M |
12% |
|
$4.82M |
12% |
|
$9.00M |
11% |
|
$12.60M |
11% |
|
$9.25M |
10% |
RT @DarrenDreger: Rod Brind’Amour’s future as Carolina’s coach is up in the air. Recently, a deal seemed close, but It’s believed the offer…
The #CauseChaos signed '23 5th Round Pick G Ruslan Khazheyev to 3 year ELC
NHL 775K
Signing Bonus 70K
Minors 82.5K
Cap Hit/AAV 845K
Rep'd by @HockeyAgent1 @GoldStarHockey
t.co/ZbqpFZZrCi
Advertisement
Advertisement
Advertisement