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Thomas Harley buyout

Dallas Stars · D · cap hit $10,587,000 · through 2033-34 · NMC

Bought out in the June 2027 window, Thomas Harley would be 25: his team would pay him one third of his remaining base salary, $19,898,667, in 14 annual payments of $1,421,333.

Buyout cost
$19.9M
1/3 of remaining base salary
Annual payment
$1.42M
over 14 seasons
Cap savings
$39.8M
over the whole term
Cash savings
$39.8M
for the owner
SeasonCap hit beforeCap hit afterSavings
2027-28$10,587,000$3,008,333$7,578,667
2028-29$10,587,000$3,008,333$7,578,667
2029-30$10,587,000$4,069,133$6,517,867
2030-31$10,587,000$4,069,133$6,517,867
2031-32$10,587,000$4,069,133$6,517,867
2032-33$10,587,000$3,069,133$7,517,867
2033-34$10,587,000$3,069,133$7,517,867
2034-35added—$1,421,333−$1,421,333
2035-36added—$1,421,333−$1,421,333
2036-37added—$1,421,333−$1,421,333
2037-38added—$1,421,333−$1,421,333
2038-39added—$1,421,333−$1,421,333
2039-40added—$1,421,333−$1,421,333
2040-41added—$1,421,333−$1,421,333

The calculation

Remaining base salary        $59,696,000  (7 seasons)
× 1/3 (under 26)          = $19,898,667
÷ 14 seasons (twice the term)  = $1,421,333 per season

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

The remaining signing bonuses — $12,000,000 — 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.

Thomas Harley's profile →Dallas Stars finances →Another player →

How buyouts work

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