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.
Cost Calculations
BUYOUT DATE | BASE SALARY REMAINING | S.BONUS REMAINING | YEARS REMAINING | BUYOUT LENGTH | AGE | BUYOUT RATIO | TOTAL COST | TOTAL SAVINGS | ANNUAL COST |
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Jun. 15, 2024 | $28,300,000 | $18,550,000 | 6 | 12 | 30 | 2/3 | $18,866,667 | $9,433,333 | $1,572,222 |
Cap Hit Calculations
SEASON | INITIAL BASE SALARY | INITIAL CAP HIT | SIGNING BONUS | BUYOUT COST | POST-BUYOUT EARNINGS | SAVINGS | CAP HIT (VGK) | CAP HIT (SJS) |
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%) |