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Mikko Rantanen buyout

Dallas Stars · R · cap hit $12,000,000 · through 2032-33 · NMC

Bought out in the June 2027 window, Mikko Rantanen would be 30: his team would pay him two thirds of his remaining base salary, $28,366,667, in 12 annual payments of $2,363,889.

Buyout cost
$28.4M
2/3 of remaining base salary
Annual payment
$2.36M
over 12 seasons
Cap savings
$14.2M
over the whole term
Cash savings
$14.2M
for the owner
SeasonCap hit beforeCap hit afterSavings
2027-28$12,000,000$5,813,889$6,186,111
2028-29$12,000,000$5,563,889$6,436,111
2029-30$12,000,000$7,763,889$4,236,111
2030-31$12,000,000$7,763,889$4,236,111
2031-32$12,000,000$8,363,889$3,636,111
2032-33$12,000,000$8,363,889$3,636,111
2033-34added—$2,363,889−$2,363,889
2034-35added—$2,363,889−$2,363,889
2035-36added—$2,363,889−$2,363,889
2036-37added—$2,363,889−$2,363,889
2037-38added—$2,363,889−$2,363,889
2038-39added—$2,363,889−$2,363,889

The calculation

Remaining base salary        $42,550,000  (6 seasons)
× 2/3 (26 or older)          = $28,366,667
÷ 12 seasons (twice the term)  = $2,363,889 per season

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

The remaining signing bonuses — $27,200,000 — 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.

Mikko Rantanen's profile →Dallas Stars finances →Another player →

How buyouts work

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