Dion Phaneuf Contract Buyout Details

June
Player Position Pos Team Age Cap Hit Salary
Dion Phaneuf D. Phaneuf LD Los Angeles Kings LAK 33 $5,250,000 $7,000,000

Dion Phaneuf Buyout Details

Age at Buyout Date Salary Remaining Signing Bonus Remaining Buyout Ratio Total Buyout Cost Remaining Contract Years Buyout Timeframe Annual Buyout Cost
34 years $8,500,000 $0 2/3 $8,500,000 2 years 4 years $1,416,666
Season Salary Initial Cap Hit Buyout Cap Hit Savings Actual Cost
2019-20 $5,500,000 $5,250,000 $1,166,666 $4,083,333 $1,416,666
2020-21 $3,000,000 $5,250,000 $3,666,666 $1,583,333 $1,416,666
2021-22 $0 $0 $1,416,666 -$1,416,666 $1,416,666
2022-23 $0 $0 $1,416,666 -$1,416,666 $1,416,666