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Igor Shesterkin buyout

New York Rangers · G · cap hit $11,500,000 · through 2032-33 · NMC

Bought out in the June 2027 window, Igor Shesterkin would be 31: his team would pay him two thirds of his remaining base salary, $3,900,000, in 12 annual payments of $325,000.

Buyout cost
$3.90M
2/3 of remaining base salary
Annual payment
$0.33M
over 12 seasons
Cap savings
$1.95M
over the whole term
Cash savings
$1.95M
for the owner
SeasonCap hit beforeCap hit afterSavings
2027-28$11,567,857$10,992,857$575,000
2028-29$11,567,857$10,942,857$625,000
2029-30$11,567,857$10,892,857$675,000
2030-31$11,567,857$10,892,857$675,000
2031-32$11,567,857$10,892,857$675,000
2032-33$11,567,857$10,892,857$675,000
2033-34added—$325,000−$325,000
2034-35added—$325,000−$325,000
2035-36added—$325,000−$325,000
2036-37added—$325,000−$325,000
2037-38added—$325,000−$325,000
2038-39added—$325,000−$325,000

The calculation

Remaining base salary        $5,850,000  (6 seasons)
× 2/3 (26 or older)          = $3,900,000
÷ 12 seasons (twice the term)  = $325,000 per season

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

The remaining signing bonuses — $54,950,000 — 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.

Igor Shesterkin's profile →New York Rangers finances →Another player →

How buyouts work

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