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Darnell Nurse Buyout Results

A Darnell Nurse buyout spans 12 years, has a cost of $18,400,000 and savings of $9,200,000. Nurse is 29 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $27,600,000 in salary remaining, the cost is $18,400,000, and the savings are $9,200,000. Buyouts span twice the length of the remaining years and because there are 6 years remaining in the contract, the buyout length is 12 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.

Buyout Date
Cost Calculations
BUYOUT DATEBASE SALARY REMAININGS.BONUS REMAININGYEARS REMAININGBUYOUT LENGTHAGEBUYOUT RATIOTOTAL COSTTOTAL SAVINGSANNUAL COST
Jun. 15, 2024$27,600,000$24,000,000612292/3$18,400,000$9,200,000$1,533,333
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT (Logo of the Edmonton OilersEDM)
2024-25$12,000,000$9,250,000$0$1,533,333$1,533,333$10,466,667-$1,216,667
2025-26$10,000,000$9,250,000$0$1,533,333$1,533,333$8,466,667$783,333
2026-27$2,000,000$9,250,000$6,000,000$1,533,333$7,533,333$466,667$8,783,333
2027-28$1,200,000$9,250,000$6,000,000$1,533,333$7,533,333-$333,333$9,583,333
2028-29$1,200,000$9,250,000$6,000,000$1,533,333$7,533,333-$333,333$9,583,333
2029-30$1,200,000$9,250,000$6,000,000$1,533,333$7,533,333-$333,333$9,583,333
2030-31$0$0$0$1,533,333$1,533,333-$1,533,333$1,533,333
2031-32$0$0$0$1,533,333$1,533,333-$1,533,333$1,533,333
2032-33$0$0$0$1,533,333$1,533,333-$1,533,333$1,533,333
2033-34$0$0$0$1,533,333$1,533,333-$1,533,333$1,533,333
2034-35$0$0$0$1,533,333$1,533,333-$1,533,333$1,533,333
2035-36$0$0$0$1,533,333$1,533,333-$1,533,333$1,533,333
TOTAL$27,600,000$55,500,000$24,000,000$18,400,000$42,400,000$9,200,000$46,299,996