Contract Buyout Calculator - Erik Cernak, 2029
Contract Being Bought Out
| Season | Age* | Clause | Cap Hit | AAV | Perf. Bonus | Sign. Bonus | Salary | Compensation | Minors Salary | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023-24 | 26 | $5,200,000 | $5,200,000 | - | $5,500,000 | $1,260,000 | $6,760,000 | $6,760,000 | ||
| 2024-25 | 27 | NTC | $5,200,000 | $5,200,000 | - | $4,500,000 | $2,260,000 | $6,760,000 | $6,760,000 | |
| 2025-26 | 28 | NTC | $5,200,000 | $5,200,000 | - | - | $6,760,000 | $6,760,000 | $6,760,000 | |
| 2026-27 | 29 | NTC | $5,200,000 | $5,200,000 | - | - | $5,096,000 | $5,096,000 | $5,096,000 | |
| 2027-28 | 30 | M-NTC | $5,200,000 | $5,200,000 | - | $1,000,000 | $3,056,000 | $4,056,000 | $4,056,000 | |
| 2028-29 | 31 | M-NTC | $5,200,000 | $5,200,000 | - | $1,000,000 | $3,056,000 | $4,056,000 | $4,056,000 | |
| 2029-30 | 32 | M-NTC | $5,200,000 | $5,200,000 | - | $1,000,000 | $3,056,000 | $4,056,000 | $4,056,000 | |
| 2030-31 | 33 | M-NTC | $5,200,000 | $5,200,000 | - | $1,000,000 | $3,056,000 | $4,056,000 | $4,056,000 | |
| Total | - | $14,000,000 | $27,600,000 | $41,600,000 | $41,600,000 |
Signed:
Team: Tampa Bay Lightning
GM: -
Exp. Status:
Cap %:
Clause: Starting June 15, 2027 player submits a list of 16 teams he'd accept a trade to.
Buyout Impact on Tampa Bay Lightning (Two-Thirds Buyout)
| Season | Original Compensation | Buyout Compensation | Compensation Savings | Original Caphit | Buyout Caphit | Caphit Savings |
|---|---|---|---|---|---|---|
| 2029-30 | $4,056,000 | $2,018,667 | $2,037,333 | $5,200,000 | $3,162,667 | $2,037,333 |
| 2030-31 | $4,056,000 | $2,018,667 | $2,037,333 | $5,200,000 | $3,162,667 | $2,037,333 |
| 2031-32 | $0 | $1,018,667 | $-1,018,667 | $0 | $1,018,667 | $-1,018,667 |
| 2032-33 | $0 | $1,018,667 | $-1,018,667 | $0 | $1,018,667 | $-1,018,667 |