Buyout Calculator: Philippe Myers

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 ($1,400,000). This will result in a total buyout of $466,667 with a base salary of $233,334 over each of the next 2 years.

 

Current Contract Breakdown

 
Year   Base Salary (Cash) Signing Bonus Incentive Cap Hit
2023-24 Contract details by year $1,400,000 $1,400,000
 

Buyout Breakdown

 
Year   Base Salary (Cash) Buyout Savings Buyout Cap Hit
2023-24 Contract details by year $233,334 $1,166,666 $233,334
2024-25 Contract details by year $233,334 -$233,334 $233,334
$466,667