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 2029-2030 season.
Total Cost
$7,000,000$7.00M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 36 years old at the buyout, giving him a 67% buyout multiplier.
$4,666,667$4.67M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$2,333,333$2.33M
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
2yrs
-$
-$
$
29/30
30/31
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
1
Contract End
2029-30
Buyout Length
2
Buyout End
2030-31
Buyout Summary
Abbreviated $Amounts
J.T. Miller |
2029-30 | 2030-31 |
|---|---|---|
|
Original Cap Hit
|
$8,000,000$8.00M | - |
|
Base Salary
|
($7,000,000$7.00M) | (-) |
| Total Salary | ($7,000,000$7.00M) | (-) |
| Signing Bonus | - | - |
| Annual Buyout Cost | $2,333,333$2.33M | $2,333,333$2.33M |
 Actual Cap Hit |
$3,333,333$3.33M |
$2,333,333$2.33M |
Savings 100.0% |
$4,666,667$4.67M |
$-2,333,333$-2.33M |
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
expiry
2030
UFA
age 37
Abbreviated $Amounts
|
2023-24
|
2024-25
|
2025-26
|
2026-27
|
2027-28
|
2028-29
|
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 | UFAage 37 |
| 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
|
$7,000,000$7.00M
|
$7,000,000$7.00M
|
|
| Clauses |
NMC
|
NMC
|
NMC
|
NMC
|
NMC
M-NTC
|
NMC
M-NTC
|
NMC
M-NTC
|
|
| Year Type | UFA | UFA | UFA | UFA | UFA | UFA | UFA | |
| UFA Year | ||||||||
| Buy Out | Buy Out | Buy Out | Buy Out | Buy Out | Buy Out |
Notes
NMC; Years 5-7: 15 team No Trade List
Popular Buyouts
Players with the most buyout views
(Team at time of buyout) |
Cap Hit |
% Of Views |
|---|---|---|
$9.25M |
21% |
|
$8.50M |
15% |
|
$6.50M |
15% |
|
$10.50M |
13% |
|
$5.50M |
10% |
|
$5.38M |
9% |
|
$9.50M |
9% |
|
$4.82M |
8% |
The #CBJ signed 25 y/o LD Jake Christiansen to 2 year $975K Cap Hit extension
25-26: 950K
26-27: 1M
Deal covers 2 RFA years and expires as UFA
Rep'd by JP Barry @CAAHockey
t.co/UKarwov7AD
RT @FriedgeHNIC: Klingberg to Edmonton
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