Jake McCabe Buyout Results

A Jake McCabe buyout spans 6 years, has a cost of $8,666,667 and savings of $4,333,333. McCabe is 28 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $13,000,000 in salary remaining, the cost is $8,666,667, and the savings are $4,333,333. Buyouts span twice the length of the remaining years and because there are 3 years remaining in the contract, the buyout length is 6 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, 2022$13,000,000$036282/3$8,666,667$4,333,333$1,444,445
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT (Logo of the Chicago BlackhawksCHI)
2022-23$4,000,000$4,000,000$0$1,444,445$1,444,445$2,555,555$1,444,445
2023-24$4,000,000$4,000,000$0$1,444,445$1,444,445$2,555,555$1,444,445
2024-25$5,000,000$4,000,000$0$1,444,445$1,444,445$3,555,555$444,445
2025-26$0$0$0$1,444,445$1,444,445-$1,444,445$1,444,445
2026-27$0$0$0$1,444,445$1,444,445-$1,444,445$1,444,445
2027-28$0$0$0$1,444,445$1,444,445-$1,444,445$1,444,445
TOTAL$13,000,000$12,000,000$0$8,666,667$8,666,667$4,333,333$7,666,670
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