Buyout Calculator: Micheal Ferland

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

Player Details

 

Position: Left Wing, Right Wing

Age of Buyout Date: 30

At age 30 player's buyout will be 2/3 of the remaining salary due ($2,750,000). This will result in a total buyout of $1,833,333 with a base salary of $916,667 over each of the next 2 years.

Current Contract Breakdown

 

Year   Base Salary (Cash) Signing Bonus Incentive Cap Hit 2019-20 $2,500,000 $3,500,000 2020-21 $3,000,000 $3,500,000 2021-22 $3,750,000 $3,500,000 2022-23 $2,750,000 $3,500,000

Buyout Breakdown

 

Year   Base Salary (Cash) Buyout Savings Buyout Cap Hit 2022-23 $916,667 $1,833,333 $1,666,667 2023-24 $916,667 -$916,667 $916,667 $1,833,333