Buyout History

Buyout Tracker

Teams are permitted to buyout a players contract to obtain a reduced salary cap hit over a period of twice the remaining length of the contract. The buyout amount is a function of the players age at the time of the buyout, and are as follows: 1/3 of the remaining contract value, if the player is younger than 27 at the time of the buyout 2/3 of the remaining contract value, if the player is 28 or older at the time of the buyout As explained above, the buyout is spread out over a period of twice the remaining length of the contract. The team still takes a caphit, and the caphit by year is calculated as follows: Multiply the remaining salary (excluding signing bonuses) by the buyout amount (as determined by age) to obtain the total buyout cost Spread the total buyout cost evenly over twice the remaining contract years Determine the savings by subtracting the annual buyout cost from Step 2. by the players salary (excluding signing bonuses) Determine the remaining caphit by subtracting the savings from Step 3. by the players Annual Average Salary (AAV) (including signing bonuses)

Team Player Date Length Cap Hit
LAK Jakub VoracekYear 262,750,000
LAK Christian DvorakYear 26741,666
WPG Jared SpurgeonYear 262,525,000
VAN Cory SchneiderYear 242,000,000
MTL Samuel GirardYear 26833,333
WPG Yanni GourdeYear 321,722,222
MIN Marcus PetterssonYear 34670,863