Use the PuckPedia Buyout Calculator to see the cash and salary cap impact of a buyout. To understand how NHL contract buyouts work, visit our Capology section, or Ask The Capologist.
NHL Buyout Calculator
Buyout Summary
If Mike Ribeiro was bought out prior to the 2014-2015 season:
Abbreviated $Amounts
| 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | |
|---|---|---|---|---|---|---|
|
Base Salary
|
$5,500,000$5.50M | $6,000,000$6.00M | $6,000,000$6.00M |
-
|
-
|
-
|
| Total Salary | $5,500,000$5.50M | $6,000,000$6.00M | $6,000,000$6.00M |
-
|
-
|
-
|
| Signing Bonus | - | - | - | - | - | - |
| Annual Buyout Cost | $1,944,444$1.94M | $1,944,444$1.94M | $1,944,444$1.94M | $1,944,444$1.94M | $1,944,444$1.94M | $1,944,444$1.94M |
|
Original Cap Hit
|
$5,500,000$5.50M | $5,500,000$5.50M | $5,500,000$5.50M | - | - | - |
 Buyout Cap Hit |
$1,944,444$1.94M | $1,444,444$1.44M | $1,444,444$1.44M | $1,944,444$1.94M | $1,944,444$1.94M | $1,944,444$1.94M |
Savings
|
$3,555,556$3.56M | $4,055,556$4.06M | $4,055,556$4.06M | $-1,944,444$-1.94M | $-1,944,444$-1.94M | $-1,944,444$-1.94M |
Total Cost
$17,500,000$17.50M
Total Remaining Base Salary
67%
Buyout Multiplier
He would be 34 years old at the buyout, giving him a 67% buyout multiplier.
$11,666,667$11.67M
Buyout Total Cost
Remaining base salary X Age Multiplier.
Annual Implications
Annual Buyout Cost
$1,944,444$1.94M
Annual Cap Hit
The final cap hit for each year equals:
Cap Hit (AAV) - Base Salary + Annual Buyout Cost
6yrs
-$
-$
-$
-$
-$
-$
$
$
$
14/15
16/17
19/20
Buyout Length
Buyouts are applied evenly over 2x the years remaining on the contract.
Years Remaining
3
Contract End
2016-17
Buyout Length
6
Buyout End
2019-20
Click button(s) in current contract below to buyout another year from this contract.
Current Contract
Popular Buyouts
Players with the most buyout views
(Team at time of buyout) |
Cap Hit |
% Of Views |
|---|---|---|
$11.60M |
23% |
|
$9.25M |
18% |
|
$10.50M |
12% |
|
$4.82M |
11% |
|
$14.00M |
10% |
|
$7.00M |
9% |
|
$5.25M |
8% |
|
$12.00M |
8% |
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