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 Kevin Shattenkirk was bought out prior to the 2019-2020 season.
Total Cost
$8,600,000$8.60M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 30 years old at the buyout, giving him a 67% buyout multiplier.
$5,733,333$5.73M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$1,433,333$1.43M
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
4yrs
-$
-$
-$
-$
$
$
19/20
20/21
22/23
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
2
Contract End
2020-21
Buyout Length
4
Buyout End
2022-23
Buyout Summary
Abbreviated $Amounts
2019-20 | 2020-21 | 2021-22 | 2022-23 | |
---|---|---|---|---|
Original Cap Hit
|
$6,650,000$6.65M | $6,650,000$6.65M | - | - |
Base Salary
|
($6,600,000$6.60M) | ($2,000,000$2.00M) | (-) | (-) |
Total Salary | ($6,600,000$6.60M) | ($4,000,000$4.00M) | (-) | (-) |
Signing Bonus | - | $2,000,000$2.00M | - | - |
Annual Buyout Cost | $1,433,333$1.43M | $1,433,333$1.43M | $1,433,333$1.43M | $1,433,333$1.43M |
$1,483,333$1.48M |
$6,083,333$6.08M |
$1,433,333$1.43M |
$1,433,333$1.43M |
|
$5,166,667$5.17M |
$566,667$567K |
$-1,433,333$-1.43M |
$-1,433,333$-1.43M |
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
2023-2024
Standard Contract
1yr
value$1,050,000$1.05M
cap hit$1,050,000$1.05M
expires
2024
UFA
35yrs
Abbreviated $Amounts
2023-24
|
2024 |
|
---|---|---|
Cap Hit | $1,050,000$1.05M | UFA 35yrs |
AAV | $1,050,000$1.05M | |
Base | $1,050,000$1.05M | |
Performance Bonuses | - | |
Signing Bonuses | - | |
Total Salary | $1,050,000$1.05M | |
Minors Salary | $1,050,000$1.05M | |
Clauses |
- |
|
UFA Year |
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