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Adam Fox buyout

New York Rangers · D · cap hit $9,500,000 · through 2028-29 · NMC / M-NTC

Bought out in the June 2027 window, Adam Fox would be 29: his team would pay him two thirds of his remaining base salary, $2,333,333, in 4 annual payments of $583,333.

Buyout cost
$2.33M
2/3 of remaining base salary
Annual payment
$0.58M
over 4 seasons
Cap savings
$1.17M
over the whole term
Cash savings
$1.17M
for the owner
SeasonCap hit beforeCap hit afterSavings
2027-28$9,500,000$9,083,333$416,667
2028-29$9,500,000$7,583,333$1,916,667
2029-30added—$583,333−$583,333
2030-31added—$583,333−$583,333

The calculation

Remaining base salary        $3,500,000  (2 seasons)
× 2/3 (26 or older)          = $2,333,333
÷ 4 seasons (twice the term)  = $583,333 per season

Cap hit, contract season = cap hit − (base salary − payment)
Cap hit, added season    = payment

The remaining signing bonuses — $11,000,000 — are untouched by a buyout: already promised, they are still owed and still count against the cap. That is why a bonus-heavy contract is nearly buyout-proof.

Adam Fox's profile →New York Rangers finances →Another player →

How buyouts work

NHL–NHLPA CBA, article 50.9. Contracts: PickALeague records.