Leon Draisaitl buyout
Edmonton Oilers · C · cap hit $14,000,000 · through 2032-33 · NMC
Bought out in the June 2027 window, Leon Draisaitl would be 31: his team would pay him two thirds of his remaining base salary, $4,000,000, in 12 annual payments of $333,333.
- Buyout cost
- $4.00M
- 2/3 of remaining base salary
- Annual payment
- $0.33M
- over 12 seasons
- Cap savings
- $2.00M
- over the whole term
- Cash savings
- $2.00M
- for the owner
| Season | Cap hit before | Cap hit after | Savings | Salary owed | Paid with buyout |
|---|---|---|---|---|---|
| 2027-28 | $14,000,000 | $13,333,333 | $666,667 | $16,500,000 | $15,833,333 |
| 2028-29 | $14,000,000 | $13,333,333 | $666,667 | $14,000,000 | $13,333,333 |
| 2029-30 | $14,000,000 | $13,333,333 | $666,667 | $12,500,000 | $11,833,333 |
| 2030-31 | $14,000,000 | $13,333,333 | $666,667 | $12,000,000 | $11,333,333 |
| 2031-32 | $14,000,000 | $13,333,333 | $666,667 | $12,000,000 | $11,333,333 |
| 2032-33 | $14,000,000 | $13,333,333 | $666,667 | $12,000,000 | $11,333,333 |
| 2033-34added | — | $333,333 | −$333,333 | — | $333,333 |
| 2034-35added | — | $333,333 | −$333,333 | — | $333,333 |
| 2035-36added | — | $333,333 | −$333,333 | — | $333,333 |
| 2036-37added | — | $333,333 | −$333,333 | — | $333,333 |
| 2037-38added | — | $333,333 | −$333,333 | — | $333,333 |
| 2038-39added | — | $333,333 | −$333,333 | — | $333,333 |
The calculation
Remaining base salary $6,000,000 (6 seasons) × 2/3 (26 or older) = $4,000,000 ÷ 12 seasons (twice the term) = $333,333 per season Cap hit, contract season = cap hit − (base salary − payment) Cap hit, added season = payment
The remaining signing bonuses — $73,000,000 — 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.
Leon Draisaitl's profile →Edmonton Oilers finances →Another player →
How buyouts work
- Buyouts happen in the summer window, June 15–30 (or from 48 hours after the Stanley Cup Final).
- The team pays one third of the remaining base salary if the player is under 26, two thirds if he is 26 or older.
- That amount is paid in equal parts over twice the years left on the contract.
- Each contract season keeps its cap hit minus that year's savings; each added season carries the payment.
- Signing bonuses are still owed and still count against the cap. Performance bonuses and 35+ contracts follow special rules this calculator doesn't cover.
NHL–NHLPA CBA, article 50.9. Contracts: PickALeague records.