Buyout Calculator: Jordan Spence

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

 

Player Details

 

Position: Defenseman

Age of Buyout Date: 21

At age 21 player's buyout will be 1/3 of the remaining salary due ($1,582,500). This will result in a total buyout of $527,500 with a base salary of $131,875 over each of the next 4 years.

 

Current Contract Breakdown

 
Year   Base Salary (Cash) Signing Bonus Incentive Cap Hit
2020-21 Contract details by year $700,000 $825,833
2021-22 Contract details by year $750,000 $820,000
2022-23 Contract details by year $750,000 $820,000
2023-24 Contract details by year $832,500 $820,000
 

Buyout Breakdown

 
Year   Base Salary (Cash) Buyout Savings Buyout Cap Hit
2022-23 Contract details by year $131,875 $618,125 $201,875
2023-24 Contract details by year $131,875 $700,625 $119,375
2024-25 Contract details by year $131,875 -$131,875 $131,875
2025-26 Contract details by year $131,875 -$131,875 $131,875
$527,500