When are buyouts paid?
When a team buys a player out, when does the player actually receive the money? Is it paid all at once when the buyout is completed, paid annually, or paid throughout each season the buyout period covers?
AnswerAug 28, 2023
The buyout payments are paid each season of the buyout during the regular season, just like a regular NHL salary. So if a player has $1M of buyout payment coming for a year, it's paid during the season like any player who had a $1M salary. Since signing bonuses cannot be bought out, those are still paid on the date specified in the original contract.
Latest QuestionsWhen are buyouts paid?
Aug 28, 2023 Connor Brown Bonuses
Aug 22, 2023 Re-signing Bought out Player
Aug 22, 2023 Retained Players on Team
Aug 16, 2023 Rejecting Qualifying Offers
Aug 3, 2023 Does player agree to LTIR
Aug 2, 2023 LTIR injury requirement
Jul 11, 2023 Retained & LTIR
Jul 11, 2023