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Martin Necas buyout

Colorado Avalanche · C · cap hit $11,500,000 · through 2033-34 · NMC / M-NTC

Bought out in the June 2027 window, Martin Necas would be 28: his team would pay him two thirds of his remaining base salary, $17,066,667, in 14 annual payments of $1,219,048.

Buyout cost
$17.1M
2/3 of remaining base salary
Annual payment
$1.22M
over 14 seasons
Cap savings
$8.53M
over the whole term
Cash savings
$8.53M
for the owner
SeasonCap hit beforeCap hit afterSavings
2027-28$11,500,000$7,719,048$3,780,952
2028-29$11,500,000$7,719,048$3,780,952
2029-30$11,500,000$7,819,048$3,680,952
2030-31$11,500,000$6,819,048$4,680,952
2031-32$11,500,000$11,069,048$430,952
2032-33$11,500,000$11,069,048$430,952
2033-34$11,500,000$11,219,048$280,952
2034-35added—$1,219,048−$1,219,048
2035-36added—$1,219,048−$1,219,048
2036-37added—$1,219,048−$1,219,048
2037-38added—$1,219,048−$1,219,048
2038-39added—$1,219,048−$1,219,048
2039-40added—$1,219,048−$1,219,048
2040-41added—$1,219,048−$1,219,048

The calculation

Remaining base salary        $25,600,000  (7 seasons)
× 2/3 (26 or older)          = $17,066,667
÷ 14 seasons (twice the term)  = $1,219,048 per season

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

The remaining signing bonuses — $52,400,000 — 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.

Martin Necas's profile →Colorado Avalanche finances →Another player →

How buyouts work

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