Contract Buyout Calculator - Mike Hardman, 2025
Contract Being Bought Out
| Season | Age* | Clause | Cap Hit | AAV | Perf. Bonus | Sign. Bonus | Salary | Compensation | Minors Salary | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024-25 | 25 | $775,000 | $775,000 | - | - | $775,000 | $775,000 | $350,000 | ||
| 2025-26 | 26 | $775,000 | $775,000 | - | - | $775,000 | $775,000 | $350,000 | ||
| Total | - | - | $1,550,000 | $1,550,000 | $700,000 |
Signed:
Team: New Jersey Devils
GM: -
Exp. Status:
Cap %:
Buyout Impact on New Jersey Devils (Two-Thirds Buyout)
| Season | Original Compensation | Buyout Compensation | Compensation Savings | Original Caphit | Buyout Caphit | Caphit Savings |
|---|---|---|---|---|---|---|
| 2025-26 | $775,000 | $258,333 | $516,667 | $775,000 | $258,333 | $516,667 |
| 2026-27 | $0 | $258,333 | $-258,333 | $0 | $258,333 | $-258,333 |