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Darnell Nurse buyout

San Jose Sharks · D · cap hit $9,250,000 · through 2029-30 · NMC / M-NTC

Bought out in the June 2027 window, Darnell Nurse would be 32: his team would pay him two thirds of his remaining base salary, $2,400,000, in 6 annual payments of $400,000.

Buyout cost
$2.40M
2/3 of remaining base salary
Annual payment
$0.40M
over 6 seasons
Cap savings
$1.20M
over the whole term
Cash savings
$1.20M
for the owner
SeasonCap hit beforeCap hit afterSavings
2027-28$9,250,000$8,450,000$800,000
2028-29$9,250,000$8,450,000$800,000
2029-30$9,250,000$8,450,000$800,000
2030-31added—$400,000−$400,000
2031-32added—$400,000−$400,000
2032-33added—$400,000−$400,000

The calculation

Remaining base salary        $3,600,000  (3 seasons)
× 2/3 (26 or older)          = $2,400,000
÷ 6 seasons (twice the term)  = $400,000 per season

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

The remaining signing bonuses — $18,000,000 — 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.

Darnell Nurse's profile →San Jose Sharks finances →Another player →

How buyouts work

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