Logan Cooley buyout
Utah Mammoth · C · cap hit $10,000,000 · through 2033-34
Bought out in the June 2027 window, Logan Cooley would be 23: his team would pay him one third of his remaining base salary, $22,333,333, in 14 annual payments of $1,595,238.
- Buyout cost
- $22.3M
- 1/3 of remaining base salary
- Annual payment
- $1.60M
- over 14 seasons
- Cap savings
- $44.7M
- over the whole term
- Cash savings
- $44.7M
- for the owner
| Season | Cap hit before | Cap hit after | Savings | Salary owed | Paid with buyout |
|---|---|---|---|---|---|
| 2027-28 | $10,000,000 | $595,238 | $9,404,762 | $11,000,000 | $1,595,238 |
| 2028-29 | $10,000,000 | $595,238 | $9,404,762 | $11,000,000 | $1,595,238 |
| 2029-30 | $10,000,000 | $1,595,238 | $8,404,762 | $10,000,000 | $1,595,238 |
| 2030-31 | $10,000,000 | $3,795,238 | $6,204,762 | $7,800,000 | $1,595,238 |
| 2031-32 | $10,000,000 | $3,395,238 | $6,604,762 | $8,200,000 | $1,595,238 |
| 2032-33 | $10,000,000 | $3,095,238 | $6,904,762 | $8,500,000 | $1,595,238 |
| 2033-34 | $10,000,000 | $1,095,238 | $8,904,762 | $10,500,000 | $1,595,238 |
| 2034-35added | — | $1,595,238 | −$1,595,238 | — | $1,595,238 |
| 2035-36added | — | $1,595,238 | −$1,595,238 | — | $1,595,238 |
| 2036-37added | — | $1,595,238 | −$1,595,238 | — | $1,595,238 |
| 2037-38added | — | $1,595,238 | −$1,595,238 | — | $1,595,238 |
| 2038-39added | — | $1,595,238 | −$1,595,238 | — | $1,595,238 |
| 2039-40added | — | $1,595,238 | −$1,595,238 | — | $1,595,238 |
| 2040-41added | — | $1,595,238 | −$1,595,238 | — | $1,595,238 |
The calculation
Remaining base salary $67,000,000 (7 seasons) × 1/3 (under 26) = $22,333,333 ÷ 14 seasons (twice the term) = $1,595,238 per season Cap hit, contract season = cap hit − (base salary − payment) Cap hit, added season = payment
Logan Cooley's profile →Utah Mammoth 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.