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Jake McCabe Buyout Results

A Jake McCabe buyout spans 2 years, has a cost of $3,333,333 and savings of $1,666,667. McCabe is 30 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $5,000,000 in salary remaining, the cost is $3,333,333, and the savings are $1,666,667. 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.
  • Chicago Blackhawks: 50%
Buyout Date
Cost Calculations
BUYOUT DATEBASE SALARY REMAININGS.BONUS REMAININGYEARS REMAININGBUYOUT LENGTHAGEBUYOUT RATIOTOTAL COSTTOTAL SAVINGSANNUAL COST
Jun. 15, 2024$5,000,000$012302/3$3,333,333$1,666,667$1,666,667
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT (Logo of the Toronto Maple LeafsTOR)CAP HIT (Logo of the Chicago BlackhawksCHI)
2024-25$5,000,000$4,000,000$0$1,666,667$1,666,667$3,333,333$333,334$333,334
2025-26$0$0$0$1,666,667$1,666,667-$1,666,667$833,334$833,334
TOTAL$5,000,000$4,000,000$0$3,333,333$3,333,333$1,666,667$1,166,668 (50%)$1,166,668 (50%)