Michael Grabner Contract Buyout Details

June
Player Position Pos Team Age Cap Hit Salary
Michael Grabner M. Grabner LW Arizona Coyotes ARI 31 $3,350,000 $3,350,000

Michael Grabner Buyout Details

Age at Buyout Date Salary Remaining Signing Bonus Remaining Buyout Ratio Total Buyout Cost Remaining Contract Years Buyout Timeframe Annual Buyout Cost
31 years $6,700,000 $0 2/3 $6,700,000 2 years 4 years $1,116,666
Season Salary Initial Cap Hit Buyout Cap Hit Savings Actual Cost
2019-20 $3,350,000 $3,350,000 $1,116,666 $2,233,333 $1,116,666
2020-21 $3,350,000 $3,350,000 $1,116,666 $2,233,333 $1,116,666
2021-22 $0 $0 $1,116,666 -$1,116,666 $1,116,666
2022-23 $0 $0 $1,116,666 -$1,116,666 $1,116,666