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Tomas Hertl Buyout Results

A Tomas Hertl buyout spans 12 years, has a cost of $18,866,667 and savings of $9,433,333. Hertl is 30 years of age at the time of the buyout; therefore, the buyout ratio is 2/3. With $28,300,000 in salary remaining, the cost is $18,866,667, and the savings are $9,433,333. Buyouts span twice the length of the remaining years and because there are 6 years remaining in the contract, the buyout length is 12 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.
  • San Jose Sharks: 17.1%
Buyout Date
Cost Calculations
BUYOUT DATEBASE SALARY REMAININGS.BONUS REMAININGYEARS REMAININGBUYOUT LENGTHAGEBUYOUT RATIOTOTAL COSTTOTAL SAVINGSANNUAL COST
Jun. 15, 2024$28,300,000$18,550,000612302/3$18,866,667$9,433,333$1,572,222
Cap Hit Calculations
SEASONINITIAL BASE SALARYINITIAL CAP HITSIGNING BONUSBUYOUT COSTPOST-BUYOUT EARNINGSSAVINGSCAP HIT (Logo of the Vegas Golden KnightsVGK)CAP HIT (Logo of the San Jose SharksSJS)
2024-25$7,750,000$8,137,500$2,500,000$1,572,222$4,072,222$6,177,778$1,625,576$334,146
2025-26$7,500,000$8,137,500$2,500,000$1,572,222$4,072,222$5,927,778$1,832,949$376,773
2026-27$3,250,000$8,137,500$4,750,000$1,572,222$6,322,222$1,677,778$5,358,295$1,101,427
2027-28$2,300,000$8,137,500$4,000,000$1,572,222$5,572,222$727,778$6,146,313$1,263,409
2028-29$3,750,000$8,137,500$2,400,000$1,572,222$3,972,222$2,177,778$4,943,548$1,016,174
2029-30$3,750,000$8,137,500$2,400,000$1,572,222$3,972,222$2,177,778$4,943,548$1,016,174
2030-31$0$0$0$1,572,222$1,572,222-$1,572,222$1,304,147$268,075
2031-32$0$0$0$1,572,222$1,572,222-$1,572,222$1,304,147$268,075
2032-33$0$0$0$1,572,222$1,572,222-$1,572,222$1,304,147$268,075
2033-34$0$0$0$1,572,222$1,572,222-$1,572,222$1,304,147$268,075
2034-35$0$0$0$1,572,222$1,572,222-$1,572,222$1,304,147$268,075
2035-36$0$0$0$1,572,222$1,572,222-$1,572,222$1,304,147$268,075
TOTAL$28,300,000$48,825,000$18,550,000$18,866,667$37,416,667$9,433,333$32,675,111 (82.9%)$6,716,553 (17.1%)