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Dylan Larkin Buyout Results

A Dylan Larkin buyout spans 14 years, has a cost of $39,733,333 and savings of $19,866,667. Larkin is 27 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $59,600,000 in salary remaining, the cost is $39,733,333, and the savings are $19,866,667. Buyouts span twice the length of the remaining years and because there are 7 years remaining in the contract, the buyout length is 14 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$59,600,000$0714272/3$39,733,333$19,866,667$2,838,095
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT (Logo of the Detroit Red WingsDET)
2024-25$11,000,000$8,700,000$0$2,838,095$2,838,095$8,161,905$538,095
2025-26$10,000,000$8,700,000$0$2,838,095$2,838,095$7,161,905$1,538,095
2026-27$8,000,000$8,700,000$0$2,838,095$2,838,095$5,161,905$3,538,095
2027-28$8,000,000$8,700,000$0$2,838,095$2,838,095$5,161,905$3,538,095
2028-29$8,000,000$8,700,000$0$2,838,095$2,838,095$5,161,905$3,538,095
2029-30$7,500,000$8,700,000$0$2,838,095$2,838,095$4,661,905$4,038,095
2030-31$7,100,000$8,700,000$0$2,838,095$2,838,095$4,261,905$4,438,095
2031-32$0$0$0$2,838,095$2,838,095-$2,838,095$2,838,095
2032-33$0$0$0$2,838,095$2,838,095-$2,838,095$2,838,095
2033-34$0$0$0$2,838,095$2,838,095-$2,838,095$2,838,095
2034-35$0$0$0$2,838,095$2,838,095-$2,838,095$2,838,095
2035-36$0$0$0$2,838,095$2,838,095-$2,838,095$2,838,095
2036-37$0$0$0$2,838,095$2,838,095-$2,838,095$2,838,095
2037-38$0$0$0$2,838,095$2,838,095-$2,838,095$2,838,095
TOTAL$59,600,000$60,900,000$0$39,733,333$39,733,333$19,866,667$41,033,330