Contract Buyout Calculator - Will Smith, 2026
Contract Being Bought Out
| Season | Age* | Clause | Cap Hit | AAV | Perf. Bonus | Sign. Bonus | Salary | Compensation | Minors Salary | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024-25 | 19 | $950,000 | $4,150,000 | $3,200,000 | $95,000 | $855,000 | $950,000 | $82,500 | ELC | |
| 2025-26 | 20 | $950,000 | $4,150,000 | $3,200,000 | $95,000 | $855,000 | $950,000 | $82,500 | ELC | |
| 2026-27 | 21 | $950,000 | $4,150,000 | $3,200,000 | $95,000 | $855,000 | $950,000 | $82,500 | ELC | |
| Total | $9,600,000 | $285,000 | $2,565,000 | $2,850,000 | $247,500 |
Signed:
Team: San Jose Sharks
GM: -
Exp. Status:
Buyout Impact on San Jose Sharks (One-Third Buyout)
| Season | Original Compensation | Buyout Compensation | Compensation Savings | Original Caphit | Buyout Caphit | Caphit Savings |
|---|---|---|---|---|---|---|
| 2026-27 | $950,000 | $237,500 | $712,500 | $950,000 | $237,500 | $712,500 |
| 2027-28 | $0 | $142,500 | $-142,500 | $0 | $142,500 | $-142,500 |