Buyout Calculator: Niko Mikkola

Select a player and the date you wish to buyout the player on.

Player Details

 

Position: Defenseman

Age of Buyout Date: 23

At age 23 player's buyout will be 1/3 of the remaining salary due ($7,000,000). This will result in a total buyout of $2,333,333 with a base salary of $388,889 over each of the next 6 years.

Current Contract Breakdown

 

Year   Base Salary (Cash) Signing Bonus Incentive Cap Hit 2023-24 $2,500,000 $2,500,000 2024-25 $2,500,000 $2,500,000 2025-26 $2,000,000 $2,500,000

Buyout Breakdown

 

Year   Base Salary (Cash) Buyout Savings Buyout Cap Hit 2023-24 $388,889 $2,111,111 $388,889 2024-25 $388,889 $2,111,111 $388,889 2025-26 $388,889 $1,611,111 $888,889 2026-27 $388,889 -$388,889 $388,889 2027-28 $388,889 -$388,889 $388,889 2028-29 $388,889 -$388,889 $388,889 $2,333,333