Quoting: Jamiepo
First of all I don’t think marleau goes for this and secondly I don’t think you can buy out a 35+ contract but I may be wrong.
hi, what i have read into is that it looks like you are taking the full salary cap hit every year for the player you buy out of a 35+ contract with no relief over multiple years, i found this in buyout faqs, hope it may help because i wasnt sure also
35-plus Contracts
There is a significant amount of confusion on whether 35-plus contracts do or do not receive a cap benefit from being bought-out. It was originally believed that there is no cap-benefit; however, later in 2013 it became widely thought that there is a benefit.
The most recent understanding is that bought out 35-plus contracts do not receive a cap hit benefit, as is explained by Michael Russo. All other details of the buyout remain the same as any other buyout; therefore, what buying a 35-plus contract does do is decrease the teams salary expenses.
For example, Chris Phillips was signed to a 2-year 35-plus contract which began in 2014-15 and expires in 2015-16. His salary is $2.5M and his cap hit is $2.5M for both season. If Chris were to be bought out during the summer of 2015, the buyout would last twice the length of his remaining contract - 2 years, and the buyout cost each year would be $833,333. His cap hit would be $2.5M in 2015-16, and $0 in 2016-17. However, the salary expenses in 2015-16 would decrease by $1.67M from $2.5M to $833k