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 J.T. Miller was bought out prior to the 2027-2028 season.
Total Cost
$16,000,000$16.00M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 34 years old at the buyout, giving him a 67% buyout multiplier.
$10,666,667$10.67M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$1,777,778$1.78M
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
6yrs
-$
-$
-$
-$
-$
-$
$
$
$
27/28
29/30
32/33
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
3
Contract End
2029-30
Buyout Length
6
Buyout End
2032-33
Buyout Summary
Abbreviated $Amounts
| 2027-28 | 2028-29 | 2029-30 | 2030-31 | 2031-32 | 2032-33 | |
|---|---|---|---|---|---|---|
|
Original Cap Hit
|
$8,000,000$8.00M | $8,000,000$8.00M | $8,000,000$8.00M | - | - | - |
|
Base Salary
|
($4,500,000$4.50M) | ($4,500,000$4.50M) | ($7,000,000$7.00M) | (-) | (-) | (-) |
| Total Salary | ($7,500,000$7.50M) | ($7,000,000$7.00M) | ($7,000,000$7.00M) | (-) | (-) | (-) |
| Signing Bonus | $3,000,000$3.00M | $2,500,000$2.50M | - | - | - | - |
| Annual Buyout Cost | $1,777,778$1.78M | $1,777,778$1.78M | $1,777,778$1.78M | $1,777,778$1.78M | $1,777,778$1.78M | $1,777,778$1.78M |
 Actual Cap Hit |
$5,277,778$5.28M |
$5,277,778$5.28M |
$2,777,778$2.78M |
$1,777,778$1.78M |
$1,777,778$1.78M |
$1,777,778$1.78M |
Savings 100.0% |
$2,722,222$2.72M |
$2,722,222$2.72M |
$5,222,222$5.22M |
$-1,777,778$-1.78M |
$-1,777,778$-1.78M |
$-1,777,778$-1.78M |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2023-2030
Standard Contract
7yrs
value$56,000,000$56.00M
cap hit$8,000,000$8.00M
expires
2030
UFA
37yrs
Abbreviated $Amounts
|
2023-24
|
Buy Out 2024-25
|
Buy Out 2025-26
|
Buy Out 2026-27
|
Buy Out 2027-28
|
Buy Out 2028-29
|
Buy Out 2029-30
|
2030 |
|
|---|---|---|---|---|---|---|---|---|
| Cap Hit | $8,000,000$8.00M | $8,000,000$8.00M | $8,000,000$8.00M | $8,000,000$8.00M | $8,000,000$8.00M | $8,000,000$8.00M | $8,000,000$8.00M | UFA 37yrs |
| AAV | $8,000,000$8.00M | $8,000,000$8.00M | $8,000,000$8.00M | $8,000,000$8.00M | $8,000,000$8.00M | $8,000,000$8.00M | $8,000,000$8.00M | |
| Base | $1,000,000$1.00M | $4,000,000$4.00M | $4,000,000$4.00M | $7,000,000$7.00M | $4,500,000$4.50M | $4,500,000$4.50M | $7,000,000$7.00M | |
| Performance Bonuses | - | - | - | - | - | - | - | |
| Signing Bonuses | $8,500,000$8.50M | $5,000,000$5.00M | $5,000,000$5.00M | - | $3,000,000$3.00M | $2,500,000$2.50M | - | |
| Total Salary | $9,500,000$9.50M | $9,000,000$9.00M | $9,000,000$9.00M | $7,000,000$7.00M | $7,500,000$7.50M | $7,000,000$7.00M | $7,000,000$7.00M | |
| Minors Salary | $9,500,000$9.50M | $9,000,000$9.00M | $9,000,000$9.00M | $7,000,000$7.00M | $7,500,000$7.50M | $8,000,000$8.00M | $7,000,000$7.00M | |
| Clauses |
NMC
|
NMC
|
NMC
|
NMC
|
NMC
|
NMC
|
NMC
|
|
| UFA Year |
Popular Buyouts
Players with the most buyout views
(Team at time of buyout) |
Cap Hit |
% Of Views |
|---|---|---|
$8.50M |
15% |
|
$10.50M |
15% |
|
$5.00M |
15% |
|
$4.82M |
12% |
|
$6.50M |
11% |
|
$12.60M |
11% |
|
$9.00M |
11% |
|
$9.25M |
10% |
RT @NHLBruins: UPDATE: Brad Marchand (upper-body) is unlikely to return to tonight's game.
RT @RyanNPike: @PuckPedia is a fantastic resource for agent/agency info.
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