NHL Buyout Calculator

Alex Ovechkin

#8
age38
posLW
shotr
h6'2"
w236lbs
Birthdate
Sep 17, 1985
Player Profile

If Alex Ovechkin was bought out prior to the 2024-2025 season.

Total Cost

$10,000,000$10.00M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 38 years old at the buyout, giving him a 67% buyout multiplier.
$6,666,667$6.67M
Buyout Total Cost
Remaining base salary X Age Multiplier.

Annual Implications

Annual Buyout Cost
$1,666,667$1.67M
$6,666,667$6.67M / 4yrs
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
4yrs
-$
-$
-$
-$
$
$
24/25
25/26
27/28
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining 2
Contract End 2025-26
Buyout Length 4
Buyout End 2027-28

Buyout Summary

Abbreviated $Amounts
Alex Ovechkin
2024-25 2025-26 2026-27 2027-28
Original Cap Hit
$9,500,000$9.50M $9,500,000$9.50M - -
Base Salary
($5,000,000$5.00M) ($5,000,000$5.00M) (-) (-)
Total Salary ($11,000,000$11.00M) ($9,000,000$9.00M) (-) (-)
Signing Bonus $6,000,000$6.00M $4,000,000$4.00M - -
Annual Buyout Cost $1,666,667$1.67M $1,666,667$1.67M $1,666,667$1.67M $1,666,667$1.67M
Actual Cap Hit
$6,166,667$6.17M
$6,166,667$6.17M
$1,666,667$1.67M
$1,666,667$1.67M
Savings
100.0%
$3,333,333$3.33M
$3,333,333$3.33M
$-1,666,667$-1.67M
$-1,666,667$-1.67M
Click button(s) in current contract below to buyout another year from this contract.

Current Contract

2021-2026 Standard Contract
5yrs
value$47,500,000$47.50M
cap hit$9,500,000$9.50M
Abbreviated $Amounts
2021-22
2022-23
2023-24
Buy Out
2024-25
Buy Out
2025-26
2026
Cap Hit $9,500,000$9.50M $9,500,000$9.50M $9,500,000$9.50M $9,500,000$9.50M $9,500,000$9.50M UFAage 40
AAV $9,500,000$9.50M $9,500,000$9.50M $9,500,000$9.50M $9,500,000$9.50M $9,500,000$9.50M
Base $4,000,000$4.00M $1,000,000$1.00M $1,000,000$1.00M $5,000,000$5.00M $5,000,000$5.00M
Performance Bonuses - - - - -
Signing Bonuses $1,000,000$1.00M $9,000,000$9.00M $11,500,000$11.50M $6,000,000$6.00M $4,000,000$4.00M
Total Salary $5,000,000$5.00M $10,000,000$10.00M $12,500,000$12.50M $11,000,000$11.00M $9,000,000$9.00M
Minors Salary $5,000,000$5.00M $10,000,000$10.00M $12,500,000$12.50M $11,000,000$11.00M $9,000,000$9.00M
Clauses
NMC
NMC
NMC
NMC
NMC
UFA Year

Advertisement
Advertisement
Advertisement