Contract Buyout Calculator - Damon Severson, 2029
Contract Being Bought Out
| Season | Age* | Clause | Cap Hit | AAV | Perf. Bonus | Sign. Bonus | Salary | Compensation | Minors Salary | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023-24 | 29 | NTC | $6,250,000 | $6,250,000 | - | $2,000,000 | $6,000,000 | $8,000,000 | $8,000,000 | |
| 2024-25 | 30 | NTC | $6,250,000 | $6,250,000 | - | $2,000,000 | $6,000,000 | $8,000,000 | $8,000,000 | |
| 2025-26 | 31 | NTC | $6,250,000 | $6,250,000 | - | $2,000,000 | $5,500,000 | $7,500,000 | $7,500,000 | |
| 2026-27 | 32 | NTC | $6,250,000 | $6,250,000 | - | $2,000,000 | $4,100,000 | $6,100,000 | $6,100,000 | |
| 2027-28 | 33 | M-NTC | $6,250,000 | $6,250,000 | - | $1,800,000 | $3,300,000 | $5,100,000 | $5,100,000 | |
| 2028-29 | 34 | M-NTC | $6,250,000 | $6,250,000 | - | $1,000,000 | $4,100,000 | $5,100,000 | $5,100,000 | |
| 2029-30 | 35 | M-NTC | $6,250,000 | $6,250,000 | - | - | $5,100,000 | $5,100,000 | $5,100,000 | |
| 2030-31 | 36 | M-NTC | $6,250,000 | $6,250,000 | - | - | $5,100,000 | $5,100,000 | $5,100,000 | |
| Total | - | $10,800,000 | $39,200,000 | $50,000,000 | $50,000,000 |
Signed:
Team: New Jersey Devils
GM: -
Exp. Status:
Cap %:
Clause: Full no trade clause becomes a 20 team no trade clause in 2027-28 and a 12 team no trade clause in 2028-29, 2029-30, 2030-31.
Buyout Impact on Columbus Blue Jackets (Two-Thirds Buyout)
| Season | Original Compensation | Buyout Compensation | Compensation Savings | Original Caphit | Buyout Caphit | Caphit Savings |
|---|---|---|---|---|---|---|
| 2029-30 | $5,100,000 | $1,700,000 | $3,400,000 | $6,250,000 | $2,850,000 | $3,400,000 |
| 2030-31 | $5,100,000 | $1,700,000 | $3,400,000 | $6,250,000 | $2,850,000 | $3,400,000 |
| 2031-32 | $0 | $1,700,000 | $-1,700,000 | $0 | $1,700,000 | $-1,700,000 |
| 2032-33 | $0 | $1,700,000 | $-1,700,000 | $0 | $1,700,000 | $-1,700,000 |