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Elias Pettersson Buyout Results

A Elias Pettersson buyout spans 16 years, has a cost of $15,266,667 and savings of $30,533,333. Pettersson is 25 years of age at the time of the buyout; therefore, the buyout ratio is 1/3. With $45,800,000 in salary remaining, the cost is $15,266,667, and the savings are $30,533,333. Buyouts span twice the length of the remaining years and because there are 8 years remaining in the contract, the buyout length is 16 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$45,800,000$47,000,000816251/3$15,266,667$30,533,333$954,167
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT (Logo of the Vancouver CanucksVAN)
2024-25$2,500,000$11,600,000$12,000,000$954,167$12,954,167$1,545,833$10,054,167
2025-26$4,500,000$11,600,000$10,000,000$954,167$10,954,167$3,545,833$8,054,167
2026-27$11,000,000$11,600,000$0$954,167$954,167$10,045,833$1,554,167
2027-28$9,450,000$11,600,000$5,000,000$954,167$5,954,167$8,495,833$3,104,167
2028-29$7,250,000$11,600,000$5,000,000$954,167$5,954,167$6,295,833$5,304,167
2029-30$3,700,000$11,600,000$5,000,000$954,167$5,954,167$2,745,833$8,854,167
2030-31$3,700,000$11,600,000$5,000,000$954,167$5,954,167$2,745,833$8,854,167
2031-32$3,700,000$11,600,000$5,000,000$954,167$5,954,167$2,745,833$8,854,167
2032-33$0$0$0$954,167$954,167-$954,167$954,167
2033-34$0$0$0$954,167$954,167-$954,167$954,167
2034-35$0$0$0$954,167$954,167-$954,167$954,167
2035-36$0$0$0$954,167$954,167-$954,167$954,167
2036-37$0$0$0$954,167$954,167-$954,167$954,167
2037-38$0$0$0$954,167$954,167-$954,167$954,167
2038-39$0$0$0$954,167$954,167-$954,167$954,167
2039-40$0$0$0$954,167$954,167-$954,167$954,167
TOTAL$45,800,000$92,800,000$47,000,000$15,266,667$62,266,667$30,533,333$62,266,672