Contract Buyout Calculator - Timo Meier, 2029
Contract Being Bought Out
| Season | Age* | Clause | Cap Hit | AAV | Perf. Bonus | Sign. Bonus | Salary | Compensation | Minors Salary | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023-24 | 26 | NMC | $8,800,000 | $8,800,000 | - | $6,000,000 | $6,000,000 | $12,000,000 | $12,000,000 | |
| 2024-25 | 27 | NMC | $8,800,000 | $8,800,000 | - | $5,750,000 | $5,350,000 | $11,100,000 | $11,100,000 | |
| 2025-26 | 28 | NMC | $8,800,000 | $8,800,000 | - | $5,750,000 | $5,000,000 | $10,750,000 | $10,750,000 | |
| 2026-27 | 29 | NMC | $8,800,000 | $8,800,000 | - | $4,400,000 | $3,350,000 | $7,750,000 | $7,750,000 | |
| 2027-28 | 30 | NMC | $8,800,000 | $8,800,000 | - | $5,000,000 | $2,200,000 | $7,200,000 | $7,200,000 | |
| 2028-29 | 31 | NMC M-NTC | $8,800,000 | $8,800,000 | - | $5,000,000 | $2,200,000 | $7,200,000 | $7,200,000 | |
| 2029-30 | 32 | NMC M-NTC | $8,800,000 | $8,800,000 | - | $3,300,000 | $3,900,000 | $7,200,000 | $7,200,000 | |
| 2030-31 | 33 | NMC M-NTC | $8,800,000 | $8,800,000 | - | - | $7,200,000 | $7,200,000 | $7,200,000 | |
| Total | - | $35,200,000 | $35,200,000 | $70,400,000 | $70,400,000 |
Signed:
Team: New Jersey Devils
GM: -
Exp. Status:
Cap %:
Clause: Player can submit a 15 team no trade list for 2028-29, 2029-30, and 2030-31.
Buyout Impact on New Jersey Devils (Two-Thirds Buyout)
| Season | Original Compensation | Buyout Compensation | Compensation Savings | Original Caphit | Buyout Caphit | Caphit Savings |
|---|---|---|---|---|---|---|
| 2029-30 | $7,200,000 | $5,150,000 | $2,050,000 | $8,800,000 | $6,750,000 | $2,050,000 |
| 2030-31 | $7,200,000 | $1,850,000 | $5,350,000 | $8,800,000 | $3,450,000 | $5,350,000 |
| 2031-32 | $0 | $1,850,000 | $-1,850,000 | $0 | $1,850,000 | $-1,850,000 |
| 2032-33 | $0 | $1,850,000 | $-1,850,000 | $0 | $1,850,000 | $-1,850,000 |