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Teams have the ability to buy out contracts at a reduced cap hit from June 15 to 30 each year. They are also allowed two compliance buyouts in June 2013 and June 2014 that cost the team actual cash but have no salary cap consequences. CapGeek.com's buyout calculator simplifies the complicated formula by determining the actual salary and cap costs of these buyouts with a few clicks.

Buyout Parameters

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Tuukka Rask is 27 years old on the buyout date of July 23, 2014, setting the buyout ratio at 2/3 and the total buyout cost at $33,333,333 spread over 14 years. His contract was originally valued at $56,000,000 beginning in 2013 and ending in 2021, with $50,000,000 remaining from the buyout year forward. The following is a season-by-season breakdown of the buyout. A negative buyout cap hit indicates a credit.


Buyout Details

SEASON SALARY CAP HIT BUYOUT SAVINGS BUYOUT CAP HIT
2014-15 $7,500,000 $7,000,000 $2,380,952 $5,119,048 $1,880,952
2015-16 $7,500,000 $7,000,000 $2,380,952 $5,119,048 $1,880,952
2016-17 $7,500,000 $7,000,000 $2,380,952 $5,119,048 $1,880,952
2017-18 $7,500,000 $7,000,000 $2,380,952 $5,119,048 $1,880,952
2018-19 $7,000,000 $7,000,000 $2,380,952 $4,619,048 $2,380,952
2019-20 $6,500,000 $7,000,000 $2,380,952 $4,119,048 $2,880,952
2020-21 $6,500,000 $7,000,000 $2,380,952 $4,119,048 $2,880,952
2021-22 $0 $0 $2,380,952 -$2,380,952 $2,380,952
2022-23 $0 $0 $2,380,952 -$2,380,952 $2,380,952
2023-24 $0 $0 $2,380,952 -$2,380,952 $2,380,952
2024-25 $0 $0 $2,380,952 -$2,380,952 $2,380,952
2025-26 $0 $0 $2,380,952 -$2,380,952 $2,380,952
2026-27 $0 $0 $2,380,952 -$2,380,952 $2,380,952
2027-28 $0 $0 $2,380,952 -$2,380,952 $2,380,952

TEXT CAP HIT BREAKDOWN (for copying and pasting)

Tuukka Rask buyout from CapGeek.com

  • 2014-15: $1,880,952
  • 2015-16: $1,880,952
  • 2016-17: $1,880,952
  • 2017-18: $1,880,952
  • 2018-19: $2,380,952
  • 2019-20: $2,880,952
  • 2020-21: $2,880,952
  • 2021-22: $2,380,952
  • 2022-23: $2,380,952
  • 2023-24: $2,380,952
  • 2024-25: $2,380,952
  • 2025-26: $2,380,952
  • 2026-27: $2,380,952
  • 2027-28: $2,380,952