Buyout Calculator: Isaak Phillips

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

 

Player Details

 

Position: Defenseman

Age of Buyout Date: 22

At age 22 player's buyout will be 1/3 of the remaining salary due ($80,000). This will result in a total buyout of $26,667 with a base salary of $13,334 over each of the next 2 years.

 

Current Contract Breakdown

 
Year   Base Salary (Cash) Signing Bonus Incentive Cap Hit
2021-22 Contract details by year $750,000 $859,167
2022-23 Contract details by year $750,000 $859,167
2023-24 Contract details by year $80,000 $859,167
 

Buyout Breakdown

 
Year   Base Salary (Cash) Buyout Savings Buyout Cap Hit
2023-24 Contract details by year $13,334 $66,666 $792,501
2024-25 Contract details by year $13,334 -$13,334 $13,334
$26,667