Merrick Madsen Contract Buyout Details

June
Player Position Pos Team Age Cap Hit Salary
Merrick Madsen M. Madsen G Arizona Coyotes ARI 23 $767,500 $925,000

Merrick Madsen Buyout Details

Age at Buyout Date Salary Remaining Signing Bonus Remaining Buyout Ratio Total Buyout Cost Remaining Contract Years Buyout Timeframe Annual Buyout Cost
23 years $700,000 $132,500 1/3 $700,000 1 years 2 years $116,666
Season Salary Initial Cap Hit Buyout Cap Hit Savings Actual Cost
2019-20 $700,000 $767,500 $184,166 $583,333 $116,666
2020-21 $0 $0 $116,666 -$116,666 $116,666