NHL Salary Cap Questions > Colin White Buyout

Colin White Buyout

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Asked Jul 3, 2024 by Scott B

Why does Colin Whites buyout cost show as a negative cap hit for the Ottawa Senators for the upcoming season?

Answer

Aug 7, 2024

The buyout cap hit is based on the buyout cost + the original Cap Hit - the original base salary.  Colin White's buyout cost is $875K per year.  In White's original contract, 24-25 had a Cap Hit of $4.75M & Salary of $6.25M.  Therefore, the buyout cap hit is the buyout cost of $875K + the original cap hit of $4.75M - the original Salary of $6.25M, which equals -$625K.

You can see the details of the calculation and the buyout cap hit by year HERE 

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