Buyout Calculator

Teams can buyout a player in order to reduce their short-term cap hit by spreading it over a longer period of time. Depending on the player’s structure, age, and when the player is bought out, the buyout ratio will vary. More information can be found on the Buyout FAQ page.

June
Player Position Pos Team Age Contract Cap Hit Salary Expiration
Bryan Little B. Little C Winnipeg Jets WPG 31 6yrs, $5,291,666 $52,916,660 $5,291,667 2024
Connor McDavid C. McDavid C Edmonton Oilers EDM 22 8yrs, $100,000,000 $12,500,000 $12,500,000 2026
John Tavares J. Tavares C Toronto Maple Leafs TOR 28 7yrs, $77,000,000 $11,000,000 $11,000,000 2025
Drew Doughty D. Doughty RD Los Angeles Kings LAK 29 8yrs, $88,000,000 $11,000,000 $11,000,000 2027
Carey Price C. Price G Montreal Canadiens MON 31 8yrs, $10,500,000 $10,500,000 $10,500,000 2026
Patrick Kane P. Kane RW Chicago Blackhawks CHI 30 8yrs, $84,000,000 $10,500,000 $10,500,000 2023
Jonathan Toews J. Toews C Chicago Blackhawks CHI 31 8yrs, $84,000,000 $10,500,000 $10,500,000 2023
Jack Eichel J. Eichel C Buffalo Sabres BUF 22 8yrs, $10,000,000 $10,000,000 $10,000,000 2026
Anze Kopitar A. Kopitar C Los Angeles Kings LAK 31 8yrs, $80,000,000 $10,000,000 $10,000,000 2024
Tyler Seguin T. Seguin C Dallas Stars DAL 27 8yrs, $78,800,000 $9,850,000 $9,850,000 2027
Alex Ovechkin A. Ovechkin LW Washington Capitals WAS 33 13yrs, $124,000,000 $9,538,460 $9,538,462 2021
Evgeni Malkin E. Malkin C Pittsburgh Penguins PIT 32 8yrs, $76,000,000 $9,500,000 $9,500,000 2022
Jamie Benn J. Benn LW Dallas Stars DAL 29 8yrs, $76,000,000 $9,500,000 $9,500,000 2025
Nikita Kucherov N. Kucherov RW Tampa Bay Lightning TBL 25 8yrs, $76,000,000 $9,500,000 $9,500,000 2027
P.K. Subban P. Subban RD Nashville Predators NSH 30 8yrs, $72,000,000 $9,000,000 $9,000,000 2022
Sidney Crosby S. Crosby C Pittsburgh Penguins PIT 31 12yrs, $104,400,000 $8,700,000 $8,700,000 2025
Corey Perry C. Perry RW Anaheim Ducks ANA 34 8yrs, $69,000,000 $8,625,000 $8,625,000 2021
Steven Stamkos S. Stamkos C Tampa Bay Lightning TBL 29 8yrs, $68,000,000 $8,500,000 $8,500,000 2024
Leon Draisaitl L. Draisaitl C Edmonton Oilers EDM 23 8yrs, $68,000,000 $8,500,000 $8,500,000 2025
Henrik Lundqvist H. Lundqvist G New York Rangers NYR 37 7yrs, $59,500,000 $8,500,000 $8,500,000 2021
Claude Giroux C. Giroux LW Philadelphia Flyers PHI 31 8yrs, $66,200,000 $8,275,000 $8,275,000 2022
Blake Wheeler B. Wheeler RW Winnipeg Jets WPG 32 5yrs, $41,250,000 $8,250,000 $8,250,000 2024
Ryan Getzlaf R. Getzlaf C Anaheim Ducks ANA 34 8yrs, $66,000,000 $8,250,000 $8,250,000 2021
Jakub Voracek J. Voracek RW Philadelphia Flyers PHI 29 8yrs, $66,000,000 $8,250,000 $8,250,000 2024
Oliver Ekman-Larsson O. Ekman-Larsson LD Arizona Coyotes ARI 27 8yrs, $66,000,000 $8,250,000 $8,250,000 2027
Brent Burns B. Burns RD San Jose Sharks SJS 34 8yrs, $64,000,000 $8,000,000 $8,000,000 2025
Phil Kessel P. Kessel RW Pittsburgh Penguins PIT 31 8yrs, $64,000,000 $8,000,000 $8,000,000 2022
Logan Couture L. Couture C San Jose Sharks SJS 30 8yrs, $64,000,000 $8,000,000 $8,000,000 2027
John Carlson J. Carlson RD Washington Capitals WAS 29 8yrs, $64,000,000 $8,000,000 $8,000,000 2026
Ryan Johansen R. Johansen C Nashville Predators NSH 26 8yrs, $64,000,000 $8,000,000 $8,000,000 2025
Victor Hedman V. Hedman LD Tampa Bay Lightning TBL 28 8yrs, $63,000,000 $7,875,000 $7,875,000 2025
Shea Weber S. Weber RD Montreal Canadiens MON 33 14yrs, $110,000,000 $7,857,140 $7,857,143 2026
Evgeny Kuznetsov E. Kuznetsov C Washington Capitals WAS 27 8yrs, $62,400,000 $7,800,000 $7,800,000 2025
Dustin Byfuglien D. Byfuglien RD Winnipeg Jets WPG 34 5yrs, $38,000,000 $7,600,000 $7,600,000 2021
Zach Parise Z. Parise LW Minnesota Wild MIN 34 13yrs, $98,000,000 $7,538,460 $7,538,462 2025
Ryan Suter R. Suter LD Minnesota Wild MIN 34 13yrs, $98,000,000 $7,538,460 $7,538,462 2025
Vladimir Tarasenko V. Tarasenko RW St Louis Blues STL 27 8yrs, $60,000,000 $7,500,000 $7,500,000 2023
Aaron Ekblad A. Ekblad RD Florida Panthers FLA 23 8yrs, $60,000,000 $7,500,000 $7,500,000 2025
Ryan O'Reilly R. O'Reilly C St Louis Blues STL 28 7yrs, $52,500,000 $7,500,000 $7,500,000 2023
Kris Letang K. Letang RD Pittsburgh Penguins PIT 32 8yrs, $58,000,000 $7,250,000 $7,250,000 2022
Bobby Ryan B. Ryan RW Ottawa Senators OTT 32 7yrs, $50,750,000 $7,250,000 $7,250,000 2022
David Krejci D. Krejci C Boston Bruins BOS 33 6yrs, $43,500,000 $7,250,000 $7,250,000 2021
Marc-Edouard Vlasic M. Vlasic LD San Jose Sharks SJS 32 8yrs, $56,000,000 $7,000,000 $7,000,000 2026
Tuukka Rask T. Rask G Boston Bruins BOS 32 8yrs, $56,000,000 $7,000,000 $7,000,000 2021
Evander Kane E. Kane LW San Jose Sharks SJS 27 7yrs, $49,000,000 $7,000,000 $7,000,000 2025
Max Pacioretty M. Pacioretty LW Vegas Golden Knights VGK 30 4yrs, $28,000,000 $7,000,000 $7,000,000 2023
Marc-Andre Fleury M. Fleury G Vegas Golden Knights VGK 34 3yrs, $21,000,000 $7,000,000 $7,000,000 2022
James van Riemsdyk J. van Riemsdyk LW Philadelphia Flyers PHI 30 5yrs, $35,000,000 $7,000,000 $7,000,000 2023
William Nylander W. Nylander RW Toronto Maple Leafs TOR 23 5yrs, $34,500,000 $6,900,000 $6,900,000 2024
Patrice Bergeron P. Bergeron C Boston Bruins BOS 33 8yrs, $55,000,000 $6,875,000 $6,875,000 2022
Brent Seabrook B. Seabrook RD Chicago Blackhawks CHI 34 8yrs, $55,000,000 $6,875,000 $6,875,000 2024
Ryan Kesler R. Kesler C Anaheim Ducks ANA 34 6yrs, $41,250,000 $6,875,000 $6,875,000 2022
Ryan McDonagh R. McDonagh LD Tampa Bay Lightning TBL 30 7yrs, $47,250,000 $6,750,000 $6,750,000 2026
Mark Giordano M. Giordano LD Calgary Flames CAL 35 6yrs, $40,500,000 $6,750,000 $6,750,000 2022
Johnny Gaudreau J. Gaudreau LW Calgary Flames CAL 25 6yrs, $40,500,000 $6,750,000 $6,750,000 2022
Nicklas Backstrom N. Backstrom C Washington Capitals WAS 31 10yrs, $67,000,000 $6,700,000 $6,700,000 2020
David Pastrnak D. Pastrnak LW Boston Bruins BOS 23 6yrs, $40,000,000 $6,666,666 $6,666,667 2023
Kevin Shattenkirk K. Shattenkirk RD New York Rangers NYR 30 4yrs, $26,600,000 $6,650,000 $6,650,000 2021
Alex Pietrangelo A. Pietrangelo RD St Louis Blues STL 29 7yrs, $45,500,000 $6,500,000 $6,500,000 2020
Derek Stepan D. Stepan C Arizona Coyotes ARI 28 6yrs, $39,000,000 $6,500,000 $6,500,000 2021

Teams are able to rid themselves of an albatross contract by using a buyout. In these situations, players are given the money owed to them over the contract over a longer period of time, and, most importantly for the team, the cap hit is shrug and spread out over a longer period of time.

The buyout amount is a function of the players age at the time of the buyout. If the player is younger than 26 at the time of the buyout it is 1/3 of the remaining contract value and if the player is 26 or older at the time of the buyout it is 2/3 of the remaining contract value. The buyout is spread out over a period of twice the remaining length of the contract. The cap hit is calculated by multiplying the remaining salary (excluding signing bonuses) by the buyout amount (as determined by age) for the total buyout cost and spreading the total buyout cost evenly over twice the remaining contract years.

Before being bought out, players must be placed on unconditional waivers. If a player is claimed, they become property of the claiming team. If not, the buyout process can begin. If a player has a no-movement clause in their contract, they can resist going on unconditional waivers, and, thus, they can essentially stop themselves from being bought out.

Another interesting caveat around buyouts are the existent of buyout proof contracts. While no contract is technically buyout proof, many contracts that have been signed in recent years are structured in a way to make it virtually impossible for teams to get savings on the buyout.

Earlier, I mentioned the cap hit is calculated by multiplying the remaining salary excluding signing bonuses. That means contracts which are signing bonus heavy are effectively buyout proof. If you have a player like Connor McDavid, for example, whose contract is largely signing bonus, the Edmonton Oilers don’t get much of a cap savings by buying him out.

If they, for some reason, were to buy McDavid out after the 2018-19 season, he has $12 million in base salary remaining and $73 million in signing bonus remaining in his contract. As a result, the team would still end up being charged a cap hit barely below the $12.5 million cap hit they’re currently being charged now.

After the 2012 NHL lockout, teams were given two compliance buyouts, which were different than regular buyouts. With these, teams were able to get rid of a player by paying two-thirds of the remaining value of a contract over twice the remaining length of the contract without being charged a cap hit. As a result, many players were bought out, such as Scott Gomez, Rick DiPietro, Wade Redden, Ilya Bryzgalov, and Vincent Lecavalier, all of whom owned infamously bad contracts.