Derek Stepan Contract Buyout Details

June
Player Position Pos Team Age Cap Hit Salary
Derek Stepan D. Stepan C Arizona Coyotes ARI 28 $6,500,000 $6,500,000

Derek Stepan Buyout Details

Age at Buyout Date Salary Remaining Signing Bonus Remaining Buyout Ratio Total Buyout Cost Remaining Contract Years Buyout Timeframe Annual Buyout Cost
28 years $7,000,000 $0 2/3 $7,000,000 2 years 4 years $1,166,666
Season Salary Initial Cap Hit Buyout Cap Hit Savings Actual Cost
2019-20 $5,000,000 $6,500,000 $2,666,666 $3,833,333 $1,166,666
2020-21 $2,000,000 $6,500,000 $5,666,666 $833,333 $1,166,666
2021-22 $0 $0 $1,166,666 -$1,166,666 $1,166,666
2022-23 $0 $0 $1,166,666 -$1,166,666 $1,166,666