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Ivan Provorov Buyout Results

A Ivan Provorov buyout spans 2 years, has a cost of $4,416,667 and savings of $2,208,333. Provorov is 27 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $6,625,000 in salary remaining, the cost is $4,416,667, and the savings are $2,208,333. Buyouts span twice the length of the remaining years and because there is 1 year remaining in the contract, the buyout length is 2 years. The buyout cap hit is displayed in the Cap Hit Calculations table below.

Retained Salary
This contract was involved in a retained salary transaction. The resulting costs and cap hit are therefore split between each team based on the percentage of salary retained by the respective teams.
  • Los Angeles Kings: 30%
Buyout Date
Cost Calculations
BUYOUT DATEBASE SALARY REMAININGS.BONUS REMAININGYEARS REMAININGBUYOUT LENGTHAGEBUYOUT RATIOTOTAL COSTTOTAL SAVINGSANNUAL COST
Jun. 15, 2024$6,625,000$2,000,00012272/3$4,416,667$2,208,333$2,208,334
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT (Logo of the Columbus Blue JacketsCBJ)CAP HIT (Logo of the Los Angeles KingsLAK)
2024-25$6,625,000$6,750,000$2,000,000$2,208,334$4,208,334$4,416,666$1,633,334$700,000
2025-26$0$0$0$2,208,334$2,208,334-$2,208,334$1,545,834$662,500
TOTAL$6,625,000$6,750,000$2,000,000$4,416,667$6,416,667$2,208,333$3,179,168 (70%)$1,362,500 (30%)