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Nathan MacKinnon buyout

Colorado Avalanche · C · cap hit $12,600,000 · through 2030-31 · NMC

Bought out in the June 2027 window, Nathan MacKinnon would be 31: his team would pay him two thirds of his remaining base salary, $2,653,333, in 8 annual payments of $331,667.

Buyout cost
$2.65M
2/3 of remaining base salary
Annual payment
$0.33M
over 8 seasons
Cap savings
$1.33M
over the whole term
Cash savings
$1.33M
for the owner
SeasonCap hit beforeCap hit afterSavings
2027-28$12,604,000$11,945,667$658,333
2028-29$12,604,000$11,945,667$658,333
2029-30$12,604,000$11,935,667$668,333
2030-31$12,604,000$11,935,667$668,333
2031-32added—$331,667−$331,667
2032-33added—$331,667−$331,667
2033-34added—$331,667−$331,667
2034-35added—$331,667−$331,667

The calculation

Remaining base salary        $3,980,000  (4 seasons)
× 2/3 (26 or older)          = $2,653,333
÷ 8 seasons (twice the term)  = $331,667 per season

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

The remaining signing bonuses — $35,640,000 — 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.

Nathan MacKinnon's profile →Colorado Avalanche finances →Another player →

How buyouts work

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