Cap Hit on Buyout after Retained Salary Trade
What is the resulting cap hit on retained salary teams/player's current team when a buyout occurs? Does the buyout nullify the retention or is it unaffected?
AnswerAug 20, 2021
When a player is bought out who was previously retained, the buyout cap hit is allocated by the same % as the retained transaction. The team that originally retained salary has that cap hit replaced by their portion of the buyout cap hit. Dion Phaneuf is a good example as Ottawa retained 25% when he was traded to LA. When LA subsequently bought him out, the retained cap hit for Ottawa was replaced by 25% of the buyout cap hit. https://puckpedia.com/player/dion-phaneuf/buyout?s=2019-2020
Latest QuestionsCan an LTIR player be bought out?
Aug 1, 2022 Price Recapture?
Aug 1, 2022 Sending player on IR to AHL
Aug 1, 2022 LTIR player traded with Retained
Aug 1, 2022 Trading Retained Salary Cap Hits
Aug 1, 2022 Cap Hit on Contract Extensions
Jul 21, 2022 Entry Level Salaries while in Junior
Jul 20, 2022 Buyouts of Retained Contracts
Jul 20, 2022