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 Nate Schmidt was bought out prior to the 2024-2025 season.
Total Cost
$4,850,000$4.85M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 32 years old at the buyout, giving him a 67% buyout multiplier.
$3,233,333$3.23M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$1,616,667$1.62M
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
2yrs
-$
-$
$
24/25
25/26
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
1
Contract End
2024-25
Buyout Length
2
Buyout End
2025-26
Buyout Summary
Abbreviated $Amounts
| 2024-25 | 2025-26 | |
|---|---|---|
|
Original Cap Hit
|
$5,950,000$5.95M | - |
|
Base Salary
|
($4,850,000$4.85M) | (-) |
| Total Salary | ($4,850,000$4.85M) | (-) |
| Signing Bonus | - | - |
| Annual Buyout Cost | $1,616,667$1.62M | $1,616,667$1.62M |
 Actual Cap Hit |
$2,716,667$2.72M |
$1,616,667$1.62M |
Savings 100.0% |
$3,233,333$3.23M |
$-1,616,667$-1.62M |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2019-2025
Standard Contract
6yrs
value$35,700,000$35.70M
cap hit$5,950,000$5.95M
expires
2025
UFA
33yrs
Abbreviated $Amounts
|
2019-20
|
2020-21
|
2021-22
|
2022-23
|
2023-24
|
Buy Out 2024-25
|
2025 |
|
|---|---|---|---|---|---|---|---|
| Cap Hit | $5,950,000$5.95M | $5,950,000$5.95M | $5,950,000$5.95M | $5,950,000$5.95M | $5,950,000$5.95M | $5,950,000$5.95M | UFA 33yrs |
| AAV | $5,950,000$5.95M | $5,950,000$5.95M | $5,950,000$5.95M | $5,950,000$5.95M | $5,950,000$5.95M | $5,950,000$5.95M | |
| Base | $6,800,000$6.80M | $6,100,000$6.10M | $6,000,000$6.00M | $5,000,000$5.00M | $4,950,000$4.95M | $4,850,000$4.85M | |
| Performance Bonuses | - | - | - | - | - | - | |
| Signing Bonuses | $2,000,000$2.00M | - | - | - | - | - | |
| Total Salary | $8,800,000$8.80M | $6,100,000$6.10M | $6,000,000$6.00M | $5,000,000$5.00M | $4,950,000$4.95M | $4,850,000$4.85M | |
| Minors Salary | $8,800,000$8.80M | $6,100,000$6.10M | $6,000,000$6.00M | $5,000,000$5.00M | $4,950,000$4.95M | $4,850,000$4.85M | |
| 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 |
16% |
|
$10.50M |
15% |
|
$6.50M |
13% |
|
$9.00M |
12% |
|
$4.82M |
11% |
|
$8.50M |
11% |
|
$9.25M |
11% |
|
$12.60M |
11% |
RT @PuckPedia: 7 teams actually finished over the cap but did not incur any bonuses and will not have an overage. This will increase to 8 i…
RT @PuckReportNHL: 11 teams will carry a performance bonus overage cap hit next season @PuckPedia t.co/x7GFeQsGEo
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