NHL Salary Cap Questions > Colin White Buyout
Colin White Buyout
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